Request | ID | Program | Category | Term | Liens | LTV 1st | LTV 2nd | Amount | Mortgage Insurance | Tax & Insurance | Base Rate | Adjustors | P&I | Total Monthly Payment |
01 | 31 | Prime | Fixed | 30 | First | 87.5 | 0.0 | 350,000.00 | 175.00 | 437.50 | 5.385 | 0.25 | 2,017.01 | 2,629.51 |
01 | 21 | Non-Prime | Fixed | 30 | First | 85.0 | 0.0 | 340,000.00 | 170.00 | 425.00 | 5.385 | 1.0 | 2,123.38 | 2,718.38 |
01 | 01 | Non-Prime | ARM | 3/1 | First | 87.5 | 0.0 | 350,000.00 | 175.00 | 437.50 | 4.875 | 1.25 | 2,126.64 | 2,739.14 |
01 | 41 | Non-Prime | Fixed | 30 | First+Second | 80.0 | 10.0 | 360,000.00 | 0.00 | 450.00 | 5.875 | 1.0 | 2,364.94 | 2,814.94 |
01 | 11 | Non-Prime | Fixed | 40 | First | 87.5 | 0.0 | 350,000.00 | 175.00 | 437.50 | 6.0 | 1.25 | 2,238.85 | 2,851.35 |
01 | 51 | Non-Prime | Fixed | 30 | First | 87.5 | 0.0 | 350,000.00 | 175.00 | 437.50 | 5.385 | 1.25 | 2,243.40 | 2,855.90 |
Request | ID | Benefits |
01 | 31 | A corresponding Prime product carries a lower rate - requires qualifying for more stringent criteria. |
01 | 21 | Price advantage at 85% over higher LTV (this is dependent on the particular pricing adjustors. |
01 | 01 | ARM products typically offer lower rates initially and are fixed up to 10 years before adjusting. |
01 | 41 | Avoids MI - requires qualification for 2nd (weigh cost of MI vs. higher rate of 2nd). |
01 | 11 | Longer term. |
01 | 51 | Requested product |