Request | ID | Program | Category | Term | Liens | LTV 1st | LTV 2nd | Amount | Mortgage Insurance | Tax & Insurance | Base Rate | Adjustors | P&I | Total Monthly Payment |
02 | 31 | Prime | Fixed | 20 | First | 87.5 | 0.0 | 250,000.00 | 125.00 | 312.50 | 3.75 | 0.25 | 1,514.95 | 1,952.45 |
02 | 01 | Non-Prime | ARM | 3/1 | First | 87.5 | 0.0 | 250,000.00 | 125.00 | 312.50 | 4.875 | 1.25 | 1,519.03 | 1,956.53 |
02 | 21 | Non-Prime | Fixed | 20 | First | 85.0 | 0.0 | 242,857.14 | 121.43 | 303.57 | 3.75 | 1.0 | 1,569.40 | 1,994.40 |
02 | 11 | Non-Prime | Fixed | 30 | First | 87.5 | 0.0 | 250,000.00 | 125.00 | 312.50 | 5.385 | 1.25 | 1,602.43 | 2,039.93 |
02 | 41 | Non-Prime | Fixed | 20 | First+Second | 80.0 | 10.0 | 257,142.86 | 0.00 | 321.43 | 4.25 | 1.0 | 1,732.74 | 2,054.17 |
02 | 51 | Non-Prime | Fixed | 20 | First | 87.5 | 0.0 | 250,000.00 | 125.00 | 312.50 | 3.75 | 1.25 | 1,649.89 | 2,087.39 |
Request | ID | Benefits |
02 | 31 | A corresponding Prime product carries a lower rate - requires qualifying for more stringent criteria. |
02 | 01 | ARM products typically offer lower rates initially and are fixed up to 10 years before adjusting. |
02 | 21 | Price advantage at 85% over higher LTV (this is dependent on the particular pricing adjustors. |
02 | 11 | Longer term. |
02 | 41 | Avoids MI - requires qualification for 2nd (weigh cost of MI vs. higher rate of 2nd). |
02 | 51 | Requested product |