Sale Price |
$716,500 |
$716,500 |
$716,500 |
Down Payment |
20% |
20% |
20% |
Loan to Value |
80% |
80% |
80% |
Loan Amount |
$573,200 |
$573,200 |
$573,200 |
|
PROSPERITY MORTGAGE (All figures are estimated)
|
|
Non Conforming |
Non Conforming |
Interest Only |
|
Terms |
Non Conf 5/1
|
Non Conf Fix 30
|
Non Conf 5/1 I/O
|
Rate |
2.625%
|
4.25%
|
2.875%
|
APR |
3.49%
|
4.683%
|
3.537%
|
|
DownPayment |
$143,300 |
$143,300 |
$143,300 |
Closing Cost |
$14,330 |
$14,330 |
$14,330 |
Prepaid Items |
$7,165 |
$7,165 |
$7,165 |
|
First Mortgage Loan |
$573,200 |
$573,200 |
$573,200 |
Second Mortgage Loan |
$0 |
$0 |
$0 |
Total Mortgage |
$573,200 |
$573,200 |
$573,200 |
|
First Mortgage Payment |
$2,265 |
$2,820 |
$1,314 |
Second Mortgage Payment |
$0 |
$0 |
$0 |
|
Monthly Real Estate Taxes |
$629 |
$629 |
$629 |
Monthly Property Insurance |
$119 |
$119 |
$119 |
|
Total Monthly Payment |
$3,013 |
$3,568 |
$2,062 |
PROSPERITY MORTGAGE
14501 George Carter Way
Chantilly, VA 20151
1-888-752-6637
For protection of covered systems
and appliances, consider a
Home Warranty
An additional upfront and/or monthly Mortgage
Insurance Premium may also be required on loan amounts with less than
20% down payment and Government loans.