|
Based on $625,000 purchase
price
(This calculation is for reference only, please contact
your loan agent for more information.)
|
40% Down
= $250,000
Loan Amount = $375,000
|
20% Down
= $125,000
Loan Amount = $500,000
|
Zero Down
= $0
Loan Amount = $625,000
|
| Option ARM |
$1,206/MO
@ 1%, 7.794% APR |
$1,608/MO
@ 1%, 7.785% APR |
|
| 5 year
ARM |
$2,129/MO
@ 5.50%, 7.192% APR |
$2,761/MO
@ 5.25%, 7.207% APR |
$5,087/MO
@ 9.13%, 11.065% APR |
| 30
year fixed |
$2,188/MO
@ 5.75%, 5.964% APR |
$2,918/MO
@ 5.75%, 6.137% APR |
$4,641/MO
@ 8.125%, 8.544% APR |
| 15 year fixed |
$3,064/MO
@ 5.5%, 5.929% APR |
$4,052/MO
@ 5.375%, 6.018% APR |
$6,434/MO
@ 9.255%, 9.956% APR |
Taxes, insurance, and
HOA dues are additional.
These figures are for fully documented loans with 1st tier credit
scores.
Stated income, no doc, and lower credit scores will result in
higher payments.
|