Can you afford not to use our program?
The following parameters apply to each individual:
Loan Amount: $250,000
Loan Type: 30 Year Fixed, fully amortized
(principal and interest)
Individual with A credit rating
Interest Rate: 6.5%
Monthly Payment: $1,580.17
Total Payments over life of the loan: $568,861.20
Individual with B credit rating
Interest Rate: 8.5%
Monthly Payment: $1,922.28
Total Payments over life of the loan: $692,020.80
Individual with C credit rating
Interest Rate: 10.5%
Monthly Payment: $2,286.85
Total Payments over life of the loan: $823,266.00 |