Sample Mortgage Comparison
Provided By:
|
Home Value |
Length |
Down Payment % |
Down Payment |
Amount Financed |
Interest Rate |
Upfront Interest / Funding |
Amount Financed |
Total Closing Costs |
Actual APR |
Monthly Breakdown |
Principal & Interest |
Insurance (PMI) |
Taxes and Insurance |
Total Monthly |
Conventional |
$399,000 |
30 Years |
15 % |
$59,850 |
$373,065 |
3.5% |
$33,915 |
$373,065 |
$5,596 |
3.62% |
|
$1,675 |
$264 |
$333 |
$2,272 |
FHA |
$399,000 |
30 Years |
20 % |
$79,800 |
$319,200 |
3.25% |
n/a |
n/a |
$4,788 |
3.37% |
|
$1,389 |
n/a |
$333 |
$1,722 |
VA |
$399,000 |
30 Years |
20 % |
$79,800 |
$319,200 |
3.725% |
n/a |
n/a |
$4,788 |
3.85% |
|
$1,474 |
n/a |
$333 |
$1,806 |
Information, rates, programs and loan scenarios shown are for example only as of 03-28-2024 and are subject to change without notice. All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction.