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Adjustable Rate Mortgage Calculator |
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Financial Details |
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| | Purchase price: |
$ 100,000.00 | |
| | Down Payment: |
$ 0.00 | |
| | Points: |
$ 1,000.00 | |
| | Loan Amount |
$ 99,000.00 | |
| | Initial Interest Rate |
6.9% | |
| | Interest compounding | Monthly | |
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| | Total amount financed |
$ 99,000.00 | |
| | Payment amount |
$ 783.49 | |
| | Monthly Insurance |
$ 83.33 | |
| | Monthly PMI |
$ 41.25 | |
| | Nb. of months with PMI |
169 | |
| | Total Interest |
$ 179,503.05 | |
| | Total Insurance |
$ 29,998.80 | |
| | Total PMI charge |
$ 6,971.25 | |
| | Total finance charge |
$ 216,473.10 | |
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