Old mortgage 5.5% adjustable 12 point cap (est cap)
Vs. New Mortgage 3.5% Fixed Rate for 40 Years.
Original Payment - $2,420
Vs. New Payment - $2,295.13 which includes $32,946.04 past due being added to the principal balance with no upfront fees. *First payment 06/01/2010*
Original Payment - $3132.69
Vs. New Payment - $2631.75 5% fixed rate.*500.94 Saved Each Month*
Original Payment - $3,016
Vs. New Payment - $2,285. *$801 Saved Each Month*
Original Payment - $3197.43
Vs. New Payment - $2936.21 *$261.22 Saved Each Month*