Example
Borrower Age:
Home Value:
76
$175,000
Monthly Payment for 10 Years:
$1,200
Monthly Payment for Life:
$731
Example purposes only. Scenario does account for closing costs, and is based on initial interest rate of 5.85% and an expected interest rate of 6.02%. APR max of 15.85%. Not all borrowers will qualify.
What would YOUR monthly payment be?
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