One point is equivalent to one percent of the loan amount
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Ahead of i start
- Go into their desired family rate
- Become their projected down payment
- Discover the loan program
Judge Disclosures
The fresh new percentage into the a $247,000 31-seasons Repaired-Price Mortgage at dos.99% (step 3.406% APR) was $step one, into cost of 2.125 section(s) owed at closure and you can financing-to-well worth (LTV) regarding %. Payment doesn’t come with fees and you will insurance coverage. The genuine percentage amount could well be greater. Particular state and you may county maximum loan amount limits will get apply.
The new commission to your a great $247,000 15-year Repaired-Rate Mortgage in the dos.375% (dos.858% APR) is actually $1, into price of step 1.875 area(s) owed at the closing and a loan-to-worth (LTV) of %. Fee doesn’t come with fees and you can insurance coverage.
