Lender 3 Loan term and type Interest rate Down payment Loan amount Points Principal and interest payment PMI Home: Price
Posted: Wed Mar 09, 2022 8:43 am
Lender 3 Loan term and type Interest rate Down payment Loan amount Points Principal and interest payment PMI Home: Price, $290,000; Taxes, $2,800; Insurance, $1,700 Developer A Lender 1 Lender 2 30-year ARM* 30-year Cont 15-year Con 5.0% 5.5% 6% $29,000 $58,000 $58,000 261,000 232,000 232,000 2 1 0 1,401 1,317 1,957 88 0 0 20-year Rent 5.5% $29,000 261,000 2 1,795 88 *Adjustable-rate mortgage. Conventional. * Renegotiable every five years.