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OPTION
ARM MORTGAGE PAYMENT EXAMPLES
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| Comparison
table: New Option ARM vs. Traditional Fixed Mortgage |
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NEW “CHOICE” PAYMENT
TRADITIONAL PAYMENT SAVINGS / MONTH
100,000
@ 1.25% interest = $ 333
@ 7.5% = $699
$ 366
150,000
@ 1.25% interest =
$ 499
@ 7.5% = $1048
$ 549
200,000
@ 1.25% interest =
$ 667
@ 7.5% = $1398
$ 731
300,000
@ 1.25% interest =
$ 999
@ 7.5% = $2097
$1098
400,000
@ 1.95% interest =
$1333
@ 7.5% = $2796
$1463
500,000
@ 1.95% interest =
$1667
@ 7.5% = $3496
$1829
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Example
A: (increase
your buying power and earn more equity every year)
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Typically, a $200,000 home loan cost on average
about $1398 per month. A
$200,000 home loan investment earns approximately 5%
per year in equity growth*.
Your
return on investment is about $11,000 per year.
Fortunately,
with our rates, a $1398 monthly payment can buy a
$380,000 home as your investment. At the same 5%
per year in equity growth,
Your
return on
investment is about $19,000 per year. ($667/mo
additional equity)
$19,000-$11,000
= $8000 more return on the same investment of $1398
per month!! (plus the bonus of living in a more
desirable home)
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Example
B: (increase
your buying power and earn more equity every year) |
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Typically,
a $150,000 home loan cost on average about $1048 per
month. A $150,000 home loan investment earns
approximately 5% per year in equity growth*.
Your return
on
investment
is about $7,500 per year.
Fortunately,
with our rates, a $1048 monthly payment can buy a
$285,000 home as your investment. At the same 5% per
year in equity growth,
Your return
on
investment
is about $14,250 per year.
($562/mo additional equity)
$14,250-$7500
= $6750 more return on your investment of $1048 per
month!! (plus the bonus of living in a more desirable
home)
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Used as an example only, actual equity growth may vary
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Thank you for taking the time to visit our site and
please call us today to
pre-qualify!
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