Before |
Old Loan Type
Old Interest Rate
Old Monthly Payment |
Option Arm
8.25%
$14,425.00 |
After |
New Loan Type
New Interest Rate
New Monthly Payment
Monthly Savings |
Fixed for Life!
5% Fixed for Lifetime!
$8,428.92
$5,996.08 |
Savings to Borrower |
$72,852 for Lifetime! |
|
Before |
Old Loan Type
Old Interest Rate
Old Monthly Payment |
Equity Line
6.5%
$317.00 |
After |
New Loan Type
New Interest Rate
New Monthly Payment
Monthly Savings |
Principal Reduction!
0.00%
$0.00
$317.00 |
Savings to Borrower |
$31,492.20 for Lifetime! |
|
Before |
Old Loan Type
Old Interest Rate
Old Monthly Payment |
Option Arm
7.63%
$2,399.00.00 |
After |
New Loan Type
New Interest Rate
New Monthly Payment
Monthly Savings |
Fixed for Life!
2.00%
$1,253.00
$1,146.00 |
Savings to Borrower |
$13,752.00 Each Year! |
|
Before |
Old Loan Type
Old Interest Rate
Old Monthly Payment |
30 Year Fixed
7.25%
$2,967.00 |
After |
New Loan Type
New Interest Rate
New Monthly Payment
Monthly Savings |
30 Year Fixed
3.50% Fixed for Life!
$1,953.00
$1,014.00 |
Savings to Borrower |
$12,168.00 Each Year! |
|
Before |
Old Loan Type
Old Interest Rate
Old Monthly Payment |
5 Year Fixed Only
6.75% for 5 Years Only
$2,379.00 |
After |
New Loan Type
New Interest Rate
New Monthly Payment
Monthly Savings |
Fixed for Life!
4.917% Fixed for Lifetime!
$2,379.00
$592.66 |
Savings to Borrower |
$7,111.92 Each Year! |
|
Before |
Old Loan Type
Old Interest Rate
Old Monthly Payment |
2 Year Fixed Only
10.5%
$1,866.00 |
After |
New Loan Type
New Interest Rate
New Monthly Payment
Monthly Savings |
Fixed for Life!
6.89%
$1,370.00
$495.16.00 |
Savings to Borrower |
$5,542.00 Each Year! |
|