|
|
Conventional 30 yr. |
|
Home Value: |
$30,000 |
Term: |
30 Years |
Down Payment (20.0 %): |
$6,000 |
Loan Amount: |
$24,000 |
Interest Rate: |
6.500% |
Actual APR |
8.98% |
Origination Fees (0.500 %): |
$120 |
Total Closing Costs: |
$5,120 |
Monthly Breakdown |
Principal & Interest: |
$151.70 |
Total Monthly: |
$151.70 |
|
Conventional 30 yr.
|
FHA
|
FHA |
|
Home Value: |
$30,000 |
Term: |
30 Years |
Down Payment (3.5 %): |
$1,050 |
Loan Amount: |
$28,950 |
Interest Rate: |
6.500% |
Actual APR |
8.50% |
Origination Fees (0.500 %): |
$144.75 |
Total Closing Costs: |
$5,144.75 |
Monthly Breakdown |
Principal & Interest: |
$182.98 |
PMI: |
$20.51 |
Total Monthly: |
$203.49 |
|
VA |
|
Home Value: |
$30,000 |
Term: |
30 Years |
Down Payment (0.0 %): |
$0 |
Loan Amount: |
$30,690 |
Interest Rate: |
6.500% |
Actual APR |
8.37% |
Origination Fees (0.500 %): |
$153.45 |
Total Closing Costs: |
$5,153.45 |
Monthly Breakdown |
Principal & Interest: |
$193.98 |
Total Monthly: |
$193.98 |
|
VA
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