|
|
|
Standard
|
80% Loan
|
Second
|
|
Points Value
|
$2,700.00
|
$3,600.00
|
$300.00
|
|
ClosingCost
|
$1,200.00
|
$700.00
|
$1,000.00
|
|
Total Closing Cost
|
$3,900.00
|
$5,600.00
|
|
Downpayment
|
$30,000.00
|
|
Upfront Cost
|
$33,900.00
|
$35,600.00
|
|
Amount Financed
|
$267,300.00
|
$236,400.00
|
$29,700.00
|
|
Monthly Payment
|
$1,394.36
|
$1,162.95
|
$250.63
|
|
Months with PMI
|
70
|
0
|
0
|
|
Monthly PMI
|
$112.50
|
$0.00
|
$0.00
|
|
Total Monthly Payment
|
$1,506.86
|
$1,413.57
|
|
Total Interest Paid
|
$234,670.80
|
$197,673.11
|
|
Total PMI
|
$7,875.00
|
$0.00
|
$0.00
|
|
Total Payments
|
$509,845.80
|
$463,773.11
|
|
|