What if? 10536 School Land Rd SW, Rochester
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LOAN TYPE | FHA | VA | Conventional |
Years | 30 | 30 | 30 |
Interest Rate | 3.75% | 3.75% | 4.125% |
APR | 5.51% | 3.94% | 4.33% |
Down Payment | 3.50% | 0.00% | 5.00% |
Principal & Interest | $834.81 | $704.64 | $851.54 |
Hazard Insurance | $50.00 | $50.00 | $50.00 |
Property Tax | $189.00 | $189.00 | $189.00 |
Mortgage Insurance | $171.04 | $0.00 | $43.93 |
MONTHLY PAYMENT | $1,244.85 | $943.64 | $1,134.47 |
* Interest Rates as of 02.28.12