Input Information
| Property Information | |||
| Home Value : | ($) | ||
| Additional Information | |||
| Annual PMI : | |||
| Down Payment : | |||
| Standard | 80% Loan | Second Loan | |
| Interest Rate : | (%) | (%) | (%) |
| Length : | Yrs | Yrs | Yrs |
| Points : | (%) | (%) | (%) |
| Closing Costs : | ($) | ($) | ($) |
| |
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Financial Analysis
| Standard | 80% Loan | Second | |
| Points Value : | $2,700.00 | $3,600.00 | $300.00 |
| Closing Costs : | $1,200.00 | $700.00 | $1,000.00 |
| Total Closing Costs : | $3,900.00 | $5,600.00 | |
| Down Payment : | $30,000.00 | ||
| Upfront Cost : | $33,900.00 | $35,600.00 | |
| Amount Financed : | $270,000.00 | $240,000.00 | $30,000.00 |
| Monthly PI : | $1,449.42 | $1,216.04 | $253.16 |
| Months With PMI : | 78 | 0 | 0 |
| Monthly PMI : | $112.50 | $0.00 | $0.00 |
| Monthly Payment : | $1,561.92 | $1,469.20 | |
| Total Interests Paid : | $251,790.62 | $213,344.38 | |
| Total PMI : | $8,775.00 | $0.00 | $0.00 |
| Total Payments : | $530,559.60 | $483,338.57 | |