Example
Scenario 1
Scenario 2
Scenario 3
Scenario Name
$900,000 with In-law
Purchase Price
900000
Down Payment %
10
%
Maximum Size of 1st Mortgage
650000
Loan Program (1st)
5/1 ARM, Interest Only
5/1 ARM, Interest only 30 Yr. Fixed 20 Yr. Fixed 15 Yr. Fixed
Interest Rate (1st)
5.875
Loan Program (2nd)
15 Yr. Fixed
Interest Rate (2nd)
6.375
Points
.5
None 1/2 1 1 1/2 2
Monthly Rental Income
875.50
Expected Credit from Seller
23000
Marginal Tax Rate (%)
28
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