Financial
|
|
|
|
| Conventional 5% Down |
|
| Home Value: |
$1,200 |
| Term: |
30 Years |
| Down Payment (5.0 %): |
$60 |
| Loan Amount: |
$1,140 |
| Interest Rate: |
6.875% |
| Actual APR |
0% |
| Total Closing Costs: |
$3,800 |
| Monthly Breakdown |
| Principal & Interest: |
$7.49 |
| PMI: |
$0.81 |
| Total Monthly: |
$8.30 |
|
Conventional 5% Down
|
|
FHA
|
| FHA |
|
| Home Value: |
$1,200 |
| Term: |
30 Years |
| Down Payment (3.5 %): |
$42 |
| Loan Amount: |
$1,178.27 |
| Interest Rate: |
6.750% |
| Actual APR |
0% |
| Total Closing Costs: |
$3,800 |
| Monthly Breakdown |
| Principal & Interest: |
$7.64 |
| PMI: |
$0.83 |
| Total Monthly: |
$8.47 |
|
| RHS |
|
| Home Value: |
$1,200 |
| Term: |
30 Years |
| Down Payment (0.0 %): |
$0 |
| Loan Amount: |
$1,212 |
| Interest Rate: |
6.875% |
| Actual APR |
0% |
| Total Closing Costs: |
$3,800 |
| Monthly Breakdown |
| Principal & Interest: |
$7.96 |
| PMI: |
$0.40 |
| Total Monthly: |
$8.36 |
|
RHS
|
|
