SIGN IN SAVED 0

Naples Florida Real Estate

Naples Florida Real Estate

USEFUL RESOURCES

Main Mortgage Calculators
What is Better: take a Second Loan or Pay PMI?
Input Information
Property Information
Home Value : ($)
Additional Information
Annual PMI :
Down Payment :
 Standard80% LoanSecond Loan
Interest Rate : (%) (%) (%)
Length : Yrs Yrs Yrs
Points : (%) (%) (%)
Closing Costs : ($) ($) ($)


 Standard80% LoanSecond
Points Value : $2,700.00$3,600.00$300.00
Closing Costs : $1,200.00$700.00$1,000.00
Total Closing Costs : $3,900.00$5,600.00
Down Payment : $30,000.00
Upfront Cost : $33,900.00$35,600.00
Amount Financed : $270,000.00$240,000.00$30,000.00
Monthly PI : $1,449.42$1,216.04$253.16
Months With PMI : 7800
Monthly PMI : $112.50$0.00$0.00
Monthly Payment : $1,561.92$1,469.20
Total Interests Paid : $251,790.62$213,344.38
Total PMI : $8,775.00$0.00$0.00
Total Payments : $530,559.60$483,338.57