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Rates & Indicators |
Rate |
Chg |
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| 30 Yr Tres |
0.00% |
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| Fed Prime |
0.00% |
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| 30 Yr Fixed |
0.00% |
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| 15 Yr Fixed |
0.00% |
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| 1 Year ARM |
0.00% |
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| New Rate |
% |
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| as of 5/9/2008 |
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Below is a comparison of a conventional loan
to a 80/15/5 loan, to a 80/20 loan. 80/15/5 loans are common for those
that have a little saved up for a down payment, and the 80/20 loans are common
for those that don't
have any cash to use for the down payment. Both of these loan types are structured
to avoid the mortgage insurance.
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Loan calculations based on a conforming conventional loan program.
This calculator is supplied for estimate purposes only and to provide you with a general idea.
Accuracy of the results are not guaranteed, or the applicability to your situation. Please consult a qualified professional for a more detailed quote.
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