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This website is sponsored by
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| USDA |
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| Home Value: |
$400,000 |
| Term: |
30 Years |
| Down Payment (0.0 %): |
$0 |
| Loan Amount: |
$404,000 |
| Interest Rate: |
5.750% |
| Actual APR |
5.94% |
| Total Closing Costs: |
$8,080 |
| Monthly Breakdown |
| Principal & Interest: |
$2,357.63 |
| Property Tax: |
$2,760 |
| PMI: |
$134.67 |
| Insurance: |
$26.00 |
| Total Monthly: |
$5,278.30 |
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USDA
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|
FHA
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| FHA |
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| Home Value: |
$400,000 |
| Term: |
30 Years |
| Down Payment (3.5 %): |
$14,000 |
| Loan Amount: |
$392,755 |
| Interest Rate: |
6.000% |
| Actual APR |
6.19% |
| Total Closing Costs: |
$7,855.10 |
| Monthly Breakdown |
| Principal & Interest: |
$2,354.76 |
| Property Tax: |
$2,760 |
| PMI: |
$278.20 |
| Insurance: |
$26.00 |
| Total Monthly: |
$5,418.96 |
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| CON |
|
| Home Value: |
$400,000 |
| Term: |
30 Years |
| Down Payment (5.0 %): |
$20,000 |
| Loan Amount: |
$380,000 |
| Interest Rate: |
5.750% |
| Actual APR |
5.94% |
| Total Closing Costs: |
$7,600 |
| Monthly Breakdown |
| Principal & Interest: |
$2,217.58 |
| Property Tax: |
$2,760 |
| PMI: |
$0.50 |
| Insurance: |
$26.00 |
| Total Monthly: |
$5,004.08 |
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CON
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