Loan Type Conventional 1% Down FHA HUD
Purchase Amount
Down Payment $2,250.00 $7,875.00 $0.00
Additional Monthly Expenses
Taxes Estimate $120.00 $120.00 $120.00
Homeowner’s Insurance Estimate $80.00 $80.00 $80.00
Monthly Mortgage Insurance $0.00 $153.80 $65.63
Rate 4.38% 3.63% 3.75%
Total Monthly Payment
$1,289.69 $1,361.63 $1,318.63
Upfront Mortgage Insurance Premium (MIP)
$0.00 $3,799.69 $2,250.00
Credit For Your Down Payment
$4,500.00 $0.00 $0.00
Balance after Closing Conventional 1% Down FHA HUD
$218,250.00 $220,925.00 $227,250.00

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Fannie Mae Freddie Mac
Equal Housing Lender
FHA Approved Lending Institution