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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 | $ 783.46 | |
| | Monthly Insurance | $ 83.33 | |
| | Monthly PMI | $ 41.25 | |
| | Nb. of months with PMI | 169 | |
| | Total Interest | $ 179,502.90 | |
| | Total Insurance | $ 30,000.00 | |
| | Total PMI charge | $ 6,971.25 | |
| | Total finance charge | $ 216,474.15 | |
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