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How much can I borrow?

How much will my mortgage payments be?

How much will my adjustable rate payments be?

Which is better: fixed or adjustable?

Should I pay points to lower the rate?

Which is better: 15 or 30 year term?

How much should I put down for a new home?

How much can I save in taxes?

What will my closing costs be?

Am I better off renting?

Am I better off refinancing?

What will my refinancing costs be?

How can I reduce mortgage insurance costs?

Which lender has the better loan?

Which loan is better?

How advantageous are extra payments?

What home can I afford?

 
 
 
Which is better: fixed or adjustable?
FixedAdjustable
Interest rate   %   %
Loan amount $   $  
Term        
Discount points   %   %
Origination fee   %   %
Upfront costs $   $  
 
Your state + federal tax rate   %
Purchase price $  
Yearly property tax $  
Yearly property insurance $  
Years before you sell or pay off loan    
Your savings rate   %
 
Regarding the adjustable rate mortgage
Months before first adjustment    
Months between rate adjustments    
Maximum rate adjustment   %
Minimum rate   %
Maximum rate   %
Margin   %
Index rate   %
Index rate change per adjustment   %
Months between index adjustments    
 
Predicted change in rates
Interest rates will remain the same
Interest rates will increase
Interest rates will decrease



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Copyright © 2002 California Bank & Trust - Member FDIC - Equal Housing Lender