Generic Loan Program Comparison Chart

                                      FHA         Conventional       VA

  Loan Amount         200,000.00             200,000.00           200,000.00

  Down Payment           7000.00               10,000.00                  -0-

  P & I                          1241.24                 1232.33               1264.14

  MI                                 90.01                   123.50                  -0-

  Monthly Payment       1331.25                 1355.83              1264.14

  * For illustrative purposes only.

  * Numbers vary daily. Use this chart only to discuss various loan options.

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Call Peter Boyle 612.701.6816 or email pboyle@summit-mortgage.com

*Summit Mortgage Corporation
*Please check with your lender for current pricing and personal mortgage analysis.
*The information in this Web site can change without notice. This is an Equal Housing Credit Lender. Equal Housing Lender 

 


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