/mo income and  /mo payments.
Conventional

Interest rate (%)              %

Down payment (%)          %

Term of Loan in years      yrs



Resulting sales price     






A conventional loan is a good choice if you have a large down payment (20%) or if FHA loan ceiling restricts your price range.

FHA Insured (Minimum Down)

Interest rate (%)              %

Down payment (%)          %

Term of Loan in years      yrs
   


Resulting sales price     






The advantage of an FHA insured loan is the small down payment. Qualifying can be more flexible than for a small conventional loan. The loan ceiling is $679,500.

VA Guaranteed (No Down)

Interest rate (%)              %

Down payment (%)          %

Term of Loan in years      yrs



Resulting sales price       






A VA guaranteed loan is often your best choice if you are a qualifying veteran. Your loan officer can process your eligibility. The maximum no down loan is $679,500