New Borrower Anywere Usa

FOLLOW THESE 3 SIMPLE STEPS:

  • 1. Review the SUMMARY of your loans. Details for each program can be found on the ! second page.
  • 2. Next, review the TOTAL COST ANALYSIS for each loan so that you can compare j which program might be right for your financial situation.*
  • 3. Finally, review the suggested Debt Free or Asset Accum. plan to see how you can
  • save thousands on your loan. Also, you can review the MONTHLY TAX BENEFITS.

This summary table displays information on up to four loan programs, including their respective fees and monthly payments.

Each program shows a first mortgage, and possibly a second mortgage.

Although this table will show you which loan will provide you the lowest payment, such a loan may not be the right loan for your financial situation."

New Smart Loan

30 Fix 0 Pts

15 YR FIXED

5 Yr I/O 0 Pt

1st

Loan Amount

$280,000

$280,000

$280,000

$280,000

Interest Rate

1.000%

6.500%

6.375%

5.875%

Term (months)

360

360

180

Int. Only

P&I

$901

$1,770

$2,420

$1,371

MI

$0

$0

$0

$0

MI Cut Off

N/A

N/A

N/A

N/A

2nd

Loan Amount

$0

$0

$0

$0

Interest Rate

0.000%

0.000%

0.000%

0.000%

Term (months)

180

180

180

180

P&I

$0

$0

$0

$0

Totals

Total Payment

$901

$1,770

$2,420

$1,371

Net Savings

$1,519

$650

$0

$1,049

| TOTAL COST ANALYSIS

A true loan comparison cannot be made simply by comparing the payments that a loan offers. There are various other fees and issues which effect the overall cost of a loan. The table at the right analyzes the difference in total overall cost of your home loan.

Evaluating the total cost is the key to selecting the lowest cost mortgage for your individual needs."

Months: 360

New Smart Loan

30 Fix 0 Pts

15 YR FIXED

5 Yr I/O 0 Pt

Total Payment

$787,682

$637,125

$435,582

$640,850

Principal Paid

$280,000

$280,000

$280,000

$280,000

Int / MI Paid

$507,682

$357,125

$155,582

$360,850

Balance Left

$0

$0

$0

$0

Closing & Pts.

$5,900

$3,100

$3,100

$3,100

Total Cost

$513,582

$360,225

$158,682

$363,950

Net Savings

$0

$153,357

$354,899

$149,632

| MORTGAGE PLAN WITH ASSET ACCUMULATION

This Mortgage Plan is designed to help you make an informed decision on a mortgage integrated with your overall financial plan. This example displays an estimated Real Estate value combined with potential investment account growth."

New Smart Loan

30 Fix 0 Pts

15 YR FIXED

5 Yr I/O 0 Pt

Monthly Amount

$1,500

$0

$0

$376

Int. Rate

6.00%

0.00%

0.00%

Home Value

$570,113

$570,113

$570,113

$570,113

Loan Balance

$276,877

$237,373

$124,049

$280,000

Equity

$293,236

$332,740

$446,064

$446,064

Home Value

$727,625

$727,625

$727,625

$727,625

Loan Balance

$242,100

$203,166

$0

$280,000

Equity

$485,524

$524,459

$727,625

Assets > Debts | 10.33 yrs. 30.00 yrs. 15.00 yrs. 19.17 yrs.

Accum. Total

$446,064

$727,625

(continues)

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Real Estate Investment Secrets

Real Estate Investment Secrets

Discover the Jealously Guarded Insights of Real Estate Tycoons and Hot Dealers! Back in the days of the wild, Wild West, when easterners traveled across this vast country looking for opportunity in the newly opened territories, they were often referred to as a ‘tenderfoot’.

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