Principal & Interest | $2,594 |
Property Tax | $833 |
Home Insurance | $208 |
PMI not required |
Purchase Price | $500,000 |
Down Payment | $100,000 |
Total Payments | $933,980 |
A $500,000 home with a 20% down payment, 6.75% interest rate, and 30 year term results in a mortgage payment of $2,594 before taxes and insurance.
Total Payment: $3,636*
*Includes monthly tax and insurance of $833 and $208, respectively.
PMI is not required when you make a down payment of 20% or more.
Mortgage Shield helps homeowners protect their mortgage from life's uncertainties. It allows homeowner's family to keep and payoff their home is the event of death. Make their mortgage payment in the event of an disability. Recieve a lump sum payment in the event of a critical illness (Stroke, Heart attack, Cancer...) to help pay medical deductibles and bills. As well as Return all of your Premium to you at the end of the mortgage term. So you have nothing to lose, but everything to gain!
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Call TODAY to protect your mortgage from life's uncertainties!