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NEW HOME FINANCE ANALYSIS

APPRAISAL

$

DOWN PAYMENT %

DOWN PAYMENT $
$ 50,000
ONE LOAN SCENARIO
NEW 1st Loan
LTV (loan to value)
90.00%
Loan Amount
$450,000
Interest Rate
Term
Interest Only Payment
$2,531.25
P+I Payment
$2,918.69
Increased Tax Writeoffs (2007)
$35,375.00
CLOSING ANALYSIS
Less Closing costs
Cash Needed to Close
$55,000.00
TWO LOAN SCENARIO
NEW 1st Loan
LTV (loan to value)
80%
Loan Amount
$400,000
Interest Rate
Term
Interest Only Payment
$2,166.67
P+I Payment
$2,528.27
NEW 2nd Loan
LTV (loan to value)
10%
Loan Amount
$50,000
Interest Rate
Term
Interest Only Payment
$375.00
P+I Payment
$402.31
TOTAL I.O. Payments=
$2,541.67
Increased Tax Writeoffs (2007)
$35,500.00
CLOSING ANALYSIS
Less Closing costs
Cash Needed to Close
$55,000.00
___________________________ ___________________________
x x

Once you are satisfied with the loan structure, sign and fax this form back to our offices at 800-605-4988. *All calculations are estimates. Rates and Terms subject to change. Consult with a tax advisor for accuracy.

Questions? 800.605.4988
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