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Please Key the Initial Term of the Loan that you are
using for this comparison. In the Second field, please key the number
of months that you expect to live in the home. After doing
this you can input an "Initial Loan Amount" and three Interest Rate and
Closing Cost scenarios in each of the two Calculators.
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| Term of Loan (In Months)
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(this field can be set between 120 and 480
months) |
| How long do you expect to Live Here?
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(This Field can be set between 1 and 480 Months)
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| These Calculations assume Closing Cost
Difference is Paid in Cash or Not Required |
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The loan in this GFE |
The same loan with lower settlement charges
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The same loan with a lower interest rate
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| Your Initial Loan Amount
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| Your Initial Interest Rate
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| Your Initial Monthly Amount Owed
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| Change in Monthly Amount Owed from this GFE
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NO CHANGE |
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| Change In the Amount you will pay at Settlement with this
Interest Rate |
NO CHANGE |
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| How much your total estimated settlement charges will be
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| Cost of this Option |
n/a |
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| Payments over Life of Loan
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| These Calculations assume Closing Cost
Difference used to adjust your Loan |
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The loan in this GFE |
The same loan with lower settlement charges
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The same loan with a lower interest rate
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| Your Initial Loan Amount
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| Your Initial Interest Rate
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| Your Initial Monthly Amount Owed
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| Change in Monthly Amount Owed from this GFE
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NO CHANGE |
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| Change In the Amount you will pay at Settlement with this
Interest Rate |
NO CHANGE |
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| How much your total estimated settlement charges will be
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| Cost of this Option |
n/a |
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| Payments over Life of Loan
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