Presentation is loading. Please wait.

Presentation is loading. Please wait.

Interest Rates, Terms, Total Financed Amount

Similar presentations


Presentation on theme: "Interest Rates, Terms, Total Financed Amount"— Presentation transcript:

1 Interest Rates, Terms, Total Financed Amount

2 Mortgage 1 Home Price-$150,000 Percent Down- 3%
Total Down Payment--$4,500 Total Financed- Annual Interest rate- 4.50% Term-30 years Monthly payment- Total payment- Total Interest paid- 150,00-4,500=145,500 $737.23 $265,402.80 $265, ,500=

3 Mortgage 2 Home Price-$150,000 Percent Down- 3%
Total Down Payment--$4,500 Total Financed- Annual Interest rate- 4.75% Term-30 years Monthly payment- Total payment- Total Interest paid- 150,00-4,500=145,500 $759.00 $273,240.00 $ 273, ,500= 127,740

4 Mortgage 3 Home Price-$150,000 Percent Down- 3%
Total Down Payment--$15,000 Total Financed- Annual Interest rate- 4.75% Term-30 years Monthly payment- Total payment- Total Interest paid- 150,00-15,000=135,000 $704.22 $253,519.20 $ 253, ,500= 108,019.20

5 Mortgage 4 Home Price-$150,000 Percent Down- 3%
Total Down Payment--$4,500 Total Financed- Annual Interest rate- 7% Term-30 years Monthly payment- Total payment- Total Interest paid- 150,00-4,500=145,500 $968.02 $348,487.20 $348, ,500=

6 Mortgage 5 Home Price-$150,000 Percent Down- 3%
Total Down Payment--$4,500 Total Financed- Annual Interest rate- 4.50% Term-20 years Monthly payment- Total payment- Total Interest paid- 150,00-4,500=145,500 $920.50 $220,920.00 $ 220, ,500= 75,420

7 Mortgage 6 Home Price-$250,000 Percent Down- 3%
Total Down Payment--$9,000 Total Financed- Annual Interest rate- 4.50% Term-20 years Monthly payment- Total payment- Total Interest paid- 250, =241,000 $ $365,923.20 $365, ,000= 124,923.20

8 Mortgage 7 Home Price-$150,000 Percent Down- 3%
Total Down Payment--$4,500 Total Financed- Annual Interest rate- 4.50% Term-15 years Monthly payment- Total payment- Total Interest paid- 150,00-4,500=145,500 $ $200,352.60 $200, ,500=

9 Mortgage 8 Home Price-$250,000 Percent Down- 3%
Total Down Payment--$9,000 Total Financed- Annual Interest rate- 4.50% Term-15 years Monthly payment- Total payment- Total Interest paid- 250, =241,000 $ $331,853.40 $ 331, ,000=


Download ppt "Interest Rates, Terms, Total Financed Amount"

Similar presentations


Ads by Google