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* A Licensed Mortgage Broker is available * - ask for details about Refi or new home loans! Simply enter your present Loan Amount, Interest Rate and Time. Then, recalculate with proposed new lower rate. [Tax and Insurance are optional] What are your approx. savings? Example: $250,000 loan @ 10% fixed. 30 Years. Monthly = $2,193 OR around $200,000 over the life of your loan! |
Based on a $300,000 mortgage, see how much more you
are paying each month by having poor credit
|
Credit Score |
Interest Rate |
Monthly Payment |
Total |
|
720-850 |
5.50% |
$1703 |
$313,000 |
|
700-719 |
5.75% |
$1750 |
$330,250 |
|
675-699 |
6.50% |
$1900 |
$382,000 |
|
620-674 |
7.25% |
$2050 |
$436,000 |
|
560-619 |
8.50% |
$2300 |
$530,000 |
|
5400-5594 |
9.75% |
$2600 |
$630,000 |
THAT IS $10,800 MORE IN PAYMENTS EACH YEAR! x No. OF YEARS ...
Due to the woes in the sub-prime market, if you have poor credit and have an adjustable rate mortgage on your home, it is becoming more and more difficult to refinance to a lower rate. For many people it is only a matter of time before they simply cannot afford to make their payments.
It is easy to see the financial burden of poor credit, but the real cost is more difficult to measure. Poor credit affects more than your finances, it can attack your sense of security and limit your financial freedom.
For your Private Office Consultation
use your credit/debit card, then call to make an appointment.
[counseling sessions by telephone available]
Only $297.00 [Applied to any future product or service.]
