EXISTING & PROPOSED 1ST LOAN TERMS
Enter Current and Proposed Loan Factors:
Current and Proposed Interest Rates
0.125% 0.250% 0.375% 0.500% 0.625% 0.750% 0.875% 1.000% 1.125% 1.250% 1.375% 1.500% 1.625% 1.750% 1.875% 2.000% 2.125% 2.250% 2.375% 2.500% 2.625% 2.750% 2.875% 3.000%
3.125% 3.250% 3.375% 3.500% 3.625% 3.750% 3.875% 4.000% 4.125% 4.250% 4.375% 4.500% 4.625% 4.750% 4.875% 5.000% 5.125% 5.250% 5.375% 5.500% 5.625% 5.750% 5.875% 6.000%
6.125% 6.250% 6.375% 6.500% 6.625% 6.750% 6.875% 7.000% 7.125% 7.250% 7.375% 7.500% 7.625% 7.750% 7.875% 8.000% 8.125% 8.250% 8.375% 8.500% 8.625% 8.750% 8.875% 9.000% 9.125%
9.250% 9.375% 9.500% 9.625% 9.750% 9.875% 10.000% 10.125% 10.250% 10.375% 10.500% 10.625% 10.750% 10.875% 11.000% 11.125% 11.250% 11.375% 11.500% 11.625% 11.750% 11.875% 12.000% 12.125%
12.250% 12.375% 12.500% 12.625% 12.750% 12.875% 13.000% 13.125% 13.250% 13.375% 13.500% 13.625% 13.750% 13.875% 14.000% 14.125% 14.250% 14.375% 14.500% 14.625% 14.750% 14.875% 15.000%
0.125% 0.250% 0.375% 0.500% 0.625% 0.750% 0.875% 1.000% 1.125% 1.250% 1.375% 1.500% 1.625% 1.750% 1.875% 2.000% 2.125% 2.250% 2.375% 2.500% 2.625% 2.750% 2.875% 3.000% 3.125%
3.250% 3.375% 3.500% 3.625% 3.750% 3.875% 4.000% 4.125% 4.250% 4.375% 4.500% 4.625% 4.750% 4.875% 5.000% 5.125% 5.250% 5.375% 5.500% 5.625% 5.750% 5.875% 6.000% 6.125% 6.250%
6.375% 6.500% 6.625% 6.750% 6.875% 7.000% 7.125% 7.250% 7.375% 7.500% 7.625% 7.750% 7.875% 8.000% 8.125% 8.250% 8.375% 8.500% 8.625% 8.750% 8.875% 9.000% 9.125% 9.250% 9.375%
9.500% 9.625% 9.750% 9.875% 10.000% 10.125% 10.250% 10.375% 10.500% 10.625% 10.750% 10.875% 11.000% 11.125% 11.250% 11.375% 11.500% 11.625% 11.750% 11.875% 12.000% 12.125% 12.250% 12.375%
12.500% 12.625% 12.750% 12.875% 13.000% 13.125% 13.250% 13.375% 13.500% 13.625% 13.750% 13.875% 14.000% 14.125% 14.250% 14.375% 14.500% 14.625% 14.750% 14.875% 15.000%
0.125% 0.250% 0.375% 0.500% 0.625% 0.750% 0.875% 1.000% 1.125% 1.250% 1.375% 1.500% 1.625% 1.750% 1.875% 2.000% 2.125% 2.250% 2.375% 2.500% 2.625% 2.750% 2.875% 3.000% 3.125%
3.250% 3.375% 3.500% 3.625% 3.750% 3.875% 4.000% 4.125% 4.250% 4.375% 4.500% 4.625% 4.750% 4.875% 5.000% 5.125% 5.250% 5.375% 5.500% 5.625% 5.750% 5.875% 6.000% 6.125% 6.250%
6.375% 6.500% 6.625% 6.750% 6.875% 7.000% 7.125% 7.250% 7.375% 7.500% 7.625% 7.750% 7.875% 8.000% 8.125% 8.250% 8.375% 8.500% 8.625% 8.750% 8.875% 9.000% 9.125% 9.250% 9.375%
9.500% 9.625% 9.750% 9.875% 10.000% 10.125% 10.250% 10.375% 10.500% 10.625% 10.750% 10.875% 11.000% 11.125% 11.250% 11.375% 11.500% 11.625% 11.750% 11.875% 12.000% 12.125% 12.250% 12.375%
12.500% 12.625% 12.750% 12.875% 13.000% 13.125% 13.250% 13.375% 13.500% 13.625% 13.750% 13.875% 14.000% 14.125% 14.250% 14.375% 14.500% 14.625% 14.750% 14.875% 15.000%
0.125% 0.250% 0.375% 0.500% 0.625% 0.750% 0.875% 1.000% 1.125% 1.250% 1.375% 1.500% 1.625% 1.750% 1.875% 2.000% 2.125% 2.250% 2.375% 2.500% 2.625% 2.750% 2.875% 3.000% 3.125%
3.250% 3.375% 3.500% 3.625% 3.750% 3.875% 4.000% 4.125% 4.250% 4.375% 4.500% 4.625% 4.750% 4.875% 5.000% 5.125% 5.250% 5.375% 5.500% 5.625% 5.750% 5.875% 6.000% 6.125% 6.250%
6.375% 6.500% 6.625% 6.750% 6.875% 7.000% 7.125% 7.250% 7.375% 7.500% 7.625% 7.750% 7.875% 8.000% 8.125% 8.250% 8.375% 8.500% 8.625% 8.750% 8.875% 9.000% 9.125% 9.250% 9.375%
9.500% 9.625% 9.750% 9.875% 10.000% 10.125% 10.250% 10.375% 10.500% 10.625% 10.750% 10.875% 11.000% 11.125% 11.250% 11.375% 11.500% 11.625% 11.750% 11.875% 12.000% 12.125% 12.250% 12.375%
12.500% 12.625% 12.750% 12.875% 13.000% 13.125% 13.250% 13.375% 13.500% 13.625% 13.750% 13.875% 14.000% 14.125% 14.250% 14.375% 14.500% 14.625% 14.750% 14.875% 15.000%
Discount Points
0.000% 0.125% 0.250% 0.375% 0.500% 0.625% 0.750% 0.875% 1.000% 1.125% 1.250% 1.375% 1.500% 1.625% 1.750% 1.875% 2.000% 2.125% 2.250% 2.375% 2.500% 2.625% 2.750% 2.875% 3.000%
3.125% 3.250% 3.375% 3.500% 3.625% 3.750% 3.875% 4.000% 4.125% 4.250% 4.375% 4.500% 4.625% 4.750% 4.875% 5.000%
0.000% 0.125% 0.250% 0.375% 0.500% 0.625% 0.750% 0.875% 1.000% 1.125% 1.250% 1.375% 1.500% 1.625% 1.750% 1.875% 2.000% 2.125% 2.250% 2.375% 2.500% 2.625% 2.750% 2.875% 3.000%
3.125% 3.250% 3.375% 3.500% 3.625% 3.750% 3.875% 4.000% 4.125% 4.250% 4.375% 4.500% 4.625% 4.750% 4.875% 5.000%
0.000% 0.125% 0.250% 0.375% 0.500% 0.625% 0.750% 0.875% 1.000% 1.125% 1.250% 1.375% 1.500% 1.625% 1.750% 1.875% 2.000% 2.125% 2.250% 2.375% 2.500% 2.625% 2.750% 2.875% 3.000%
3.125% 3.250% 3.375% 3.500% 3.625% 3.750% 3.875% 4.000% 4.125% 4.250% 4.375% 4.500% 4.625% 4.750% 4.875% 5.000%
Current and Proposed Loan Terms
50 40 30 20 15 10 7 5 3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23
24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50
50 40 30 20 15 10 7 5 3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23
24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50
50 40 30 20 15 10 7 5 3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22
23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50
50 40 30 20 15 10 7 5 3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23
24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50
Click box if Interest Only
Enter Current and Proposed Mortgage Insurance Factors if Applicable:
EXISTING & PROPOSED 2ND LOAN TERMS
Enter Current and Proposed Loan Factors:
CLOSING COSTS for 1ST LOAN
CLOSING COSTS for 2ND LOAN
CASH TO CLOSE OR LOAN PROCEEDS
ANNUAL PERCENTAGE RATE
APR is the total cost of the loan expressed as an interest rate. It is NOT the actual interest rate that you pay.
ANNUAL PERCENTAGE RATE FOR 2ND LOAN
RESULTS
1ST LOAN PRE-PAYMENT ANALYSIS
Avoid "Starting Over" by adding your savings towards principal. This shortens the term and increases savings:
2ND LOAN PRE-PAYMENT ANALYSIS
TOTAL PAYMENTS, COSTS & NET BENEFIT
To determine Net Cost and Benefits we add up the total of all payments and closing costs, then subtract principal paid:
Current
Additional Details & Interest Savings Analysis:
Current
QUALIFICATION
Income Required to Qualify based on Total Payments, Expenses and Other Monthly Debts:
Borrowers Total Usable Income to Qualify:
Total Cash to Close and Total Liquid Assets to Qualify:
Total Reserve Funds Required:
Qualification Quick View: