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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 loan is better?
Loan 1Loan 2
Term        
Interest rate   %   %
Discount points   %   %
Origination fee   %   %
Upfront costs $   $  
 
If loans have adjustable rates
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        
 
Loan amount $  
Purchase price $  
Your state + federal tax rate   %
Yearly property tax $  
Yearly property insurance $  
Years before you sell or pay off loan    
Your savings rate   %
Regarding loan one
Fixed rate mortgage
Adjustable rate mortgage
Interest rates will stay the same
Interest rates will increase
Interest rates will decrease
 
Regarding loan two
Fixed rate mortgage
Adjustable rate mortgage
Interest rates will stay the same
Interest rates will increase
Interest rates will decrease



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