Department of Transportation
203(b) Fixed Rate 97% with Mortgage Insurance (MI) 1 Sales Price $100,000 $100,000. 2 Mortgage Amount $97,750 ($99,216 w/ Upfront $97,000. Mortgage Insurance Premium) 3 Closing Costs $2000 $2000. 4 Downpayment Needed $4250 $5000. 5 Interest Rate and Term of Loan in 7.00%/30 Year Loan 7.00%/30 Year Loan. Years. 6 Monthly Payment (principal and ... ................
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