|
|
Conventional 30 yr. |
|
Home Value: |
$350,000 |
Term: |
30 Years |
Down Payment (20.0 %): |
$70,000 |
Loan Amount: |
$280,000 |
Interest Rate: |
6.500% |
Actual APR |
6.72% |
Origination Fees (0.500 %): |
$1,400 |
Total Closing Costs: |
$6,400 |
Monthly Breakdown |
Principal & Interest: |
$1,769.79 |
Total Monthly: |
$1,769.79 |
|
Conventional 30 yr.
|
FHA
|
FHA |
|
Home Value: |
$350,000 |
Term: |
30 Years |
Down Payment (3.5 %): |
$12,250 |
Loan Amount: |
$337,750 |
Interest Rate: |
6.500% |
Actual APR |
6.69% |
Origination Fees (0.500 %): |
$1,688.75 |
Total Closing Costs: |
$6,688.75 |
Monthly Breakdown |
Principal & Interest: |
$2,134.81 |
PMI: |
$239.24 |
Total Monthly: |
$2,374.05 |
|
VA |
|
Home Value: |
$350,000 |
Term: |
30 Years |
Down Payment (0.0 %): |
$0 |
Loan Amount: |
$358,050 |
Interest Rate: |
6.500% |
Actual APR |
6.69% |
Origination Fees (0.500 %): |
$1,790.25 |
Total Closing Costs: |
$6,790.25 |
Monthly Breakdown |
Principal & Interest: |
$2,263.12 |
Total Monthly: |
$2,263.12 |
|
VA
|

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