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LOAN TYPE | FHA | VA | Conventional |
Years | 30 | 30 | 30 |
Interest Rate | 3.88% | 3.88% | 4.13% |
APR | 5.67% | 5.67% | 4.33% |
Down Payment | 3.50% | 0.00% | 5.00% |
Principal & Interest | $572.89 | $601.00 | $575.52 |
Hazard Insurance* | $50.00 | $50.00 | $50.00 |
Property Tax | $170.00 | $170.00 | $170.00 |
Mortgage Insurance | $115.60 | $0.00 | $29.69 |
MONTHLY PAYMENT | $908.49 | $821.00 | $825.21 |
* estimated home owner’s insurance