Financing
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580-699 Credit Score
Based on a selling price of $239,900 |
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| *This program is available only to borrowers purchasing a home from Homeport or Columbus Housing Partnership. |
Hometown
Mortgage*
Conventional
30YR Fixed
3% Down
No PMI
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Standard
Product
Conventional
30YR Fixed
5% Down
PMI |
Welcome
Home
Conventional
30YR Fixed
3% Down
PMI |
| Interest Rate |
5.00%/5.05%APR |
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| Term (in months) |
360 |
360 |
360 |
| Loan Amount |
$232,700.00 |
$227,905.00 |
$232,703.00 |
| Estimated Cash Needed |
| Estimated Down Payment |
$7,200.00 |
$11,995.00 |
$7,197.00 |
| Estimated Closing Costs |
$2205.79 |
$2818.71 |
$2818.84 |
| Estimated Cash Required |
$9,405.79 |
$14,813.71 |
$10,015.84 |
| Estimated Monthly Payment |
| Principal & Interest |
$1256.50 |
$1384.78 |
$1395.18 |
| Estimated Real Estate Taxes & Insurance |
$200.00 |
$200.00 |
$200.00 |
| PMI/MI |
$0 |
$178.53 |
$149.32 |
| Condo Association Fees |
$162.00 |
$162.00 |
$162.00 |
| Estimated Total Monthly Payment |
$1,618.50 |
$1,925.31 |
$1,906.50 |
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For more information regarding our Financing, or to find out what incentives you may be eligible for, please contact us at 614.221.8889 x363.
The examples are provided by Huntington Bank for illustrative purposes only, that the Developer is not offering any finance, and that the developer makes no presentations or warranties concerning any potential purchaser's ability to qualify for any rates or programs referenced in the illustrations. |
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Figures shown are for example purposes only. Rates are current as of April 29, 2009, and are subject to change. Not all applicants will qualify for rates shown. Credit subject to application and approval. Examples include standard fees and charges; additional charges may apply. Amounts used above for PMI/MI are estimates only and PMI/MI is subject to cancellation over the term of the loan.
The Huntington National Bank is an Equal Housing Lender and Member FDIC.  (R) and Huntington(R) are federally registered service marks of Huntington Bancshares Incorporated. (c) 2009 Huntington Bancshares Incorporated. |
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