Monthly payment
$0
Total paid over the loan$0
Compare payments
Type the current loan in the first column, or open the finder above and tap Use these numbers. Changing the balance, rate or term recalculates P&I. Taxes and insurance are monthly and carry over to each scenario. Tap No cash out on a scenario to switch it to Cash out. Cash out shows only for those scenarios, and is estimated after 1.5% of the new loan for closing costs.
2-1 buydown
Seller credit needed$0
Temporary buydown. The loan is written and qualified at the note rate; the credit is held at closing and applied to the early payments.
Refinance: Find a client's rate / current balance
Enter what they borrowed, their principal and interest payment, and when the loan started. The app works out the rate and projected current balance. Know their exact rate? Enter it as an override.
Their rate-
Projected current balance-
For illustration purposes only. Not an offer of credit or a commitment to lend. Payments exclude any costs not shown and will vary with actual rate, taxes, insurance and program terms. ARIVE Home Loans, NMLS #1631472.
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