You are on page 1of 1

HOME LOAN COMPARISON

DATE Date
AMOUNT $350,000

INTEREST RATE COMPARISON UP-FRONT COSTS MONTHLY PAYMENTS


4% $10000
4%
3% $8000
Column
3% chart showing Interest Rate Comparison is in this cell. Column chart showing Up-front Costs is in this cell.
$6000 Clustered bar chart showing Monthly Payments is in this cell.
2%
2% $4000
1% $2000
1%
0% $0 $0 $500 $1000 $1500 $2000 $2500 $3000

# BANK TYPE TERM YEARS AMORTIZED RATE APR POINTS $ POINTS $ CLOSING UP FRONT PAYMENT YEAR-1 CAP YEARLY CAP LIFETIME CAP

4 Name 1 Adjustable 5 30 2.500% 3.338% 2.00 $7,000.00 $1,000.00 $8,000.00 $1,382.92 5.00 2.00 5.00

3 Name 2 Adjustable 7 30 2.625% 3.252% 2.00 $7,000.00 $750.00 $7,750.00 $1,405.78 5.00 2.00 5.00

1 Name 3 Fixed 30 30 3.500% 3.755% 1.75 $6,125.00 $500.00 $6,625.00 $1,571.65

2 Name 4 Fixed 15 15 2.875% 3.291% 1.50 $5,250.00 $1,200.00 $6,450.00 $2,396.05

Page 1 of 1

You might also like