Down Payment Assistance Rates for 780 FICO Scores

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Results

Monthly Principle and Interest $1,991.01
Private Mortgage Insurance (PMI) $99.75
Monthly Property Tax $350.00
Monthly Insurance $160.42
Monthly HOA $0.00
Total Monthly Payment $2,601.18
Total Interest $401,765.14
Total Amount Paid $716,765.14

$500,000 Purchase Price with No Money Down
3% Down Payment Assistance & 97% Freddie Mac "Home Possible" Loan
Rates for 780 to 850 FICO Scores

Closing Costs can be paid by the Home Buyer, Seller Concessions or with a Lender Credit (a.k.a. Higher "Bogey" Rate)