DISCLOSURES

The list below is not exhaustive and provides general examples. For specific loan scenario questions please reach out to your All California Mortgagee loan advisor.

30 Year Fixed:
Loan amount $300,000, 20% down, monthly payment without taxes and insurance $1,475.00, APR 4.389%.

15 Year Fixed:
Loan amount $300,000, 20% down, monthly payment without taxes and insurance $2,256.84, APR 4.495%.

FHA:
Loan amount $300,000, 3.5% down, monthly payment with mortgage insurance but without taxes and homeowners insurance. $1,712.74, APR 5.395%, FHA monthly MI is $211.00. 

VA:
Loan amount $300,000, 0% down, monthly payment without taxes and insurance $1,844.77 APR 4.432%.

USDA:
Loan amount $300,000, 0% down, monthly payment without taxes and insurance $1,475.82, APR 4.388%.

10 Year Interest Only:
Loan amount $300,000, 20% down, monthly payment without taxes and insurance $1,062.50, APR 6.232% *The initial payment period  is applied only to interest. After 10 years payments are made on the principal. 

5/1 ARM:
Loan amount $300,000, 20% down, monthly payment without taxes and insurance $1,475.82, APR 7.143% *The payment or rate is subject to adjustment after 5 years. The rate may vary or payment may increase after this period.  

7/1 ARM: 
Loan amount $300,000, 20% down, monthly payment without taxes and insurance $1,475.82, APR 6.816% *The payment or rate is subject to adjustment after 7 years. The rate may vary or payment may increase after this period.  

10/1 ARM: 
Loan amount $300,000, 20% down, monthly payment without taxes and insurance $1,475.82, APR 6.148% *The payment or rate is subject to adjustment after 10 years. The rate may vary or payment may increase after this period.  

Jumbo 30 Year Fixed:
Loan amount $500,000, 20% down, monthly payment without taxes and insurance $2,459.70, APR 4.360%.

Bridge:
Loan amount $150,000, no down, 6 month term, monthly payment without taxes and insurance (deferred), 1 balloon payment of $152,180.59 due on 6th month, APR 8.516%.