Use the calculator below to calculate your monthly home equity payment for the line of credit from Broadway Bank. You can adjust loan amount, interest rate, and the home equity term to view the impact on the monthly payment amount. The calculator also provides an amortization table to show the amount of principal and interest payments a borrower will make over the life of the line of credit.
Product Total Termlength: 20 Years
Interest Rate: 7.74%
Rate change (per year): 0.1%
Date | Principal Balance? | Monthly Payment? | Interest? | Monthly Amortization? |
---|---|---|---|---|
04/15/2025 | $320,000.00 | $2,658.98 | $2,090.67 | $568.31 |
05/15/2025 | $319,431.69 | $2,658.98 | $2,090.67 | $568.31 |
06/15/2025 | $318,859.67 | $2,658.98 | $2,086.95 | $572.02 |
07/15/2025 | $318,283.91 | $2,658.98 | $2,083.22 | $575.76 |
08/15/2025 | $317,704.38 | $2,658.98 | $2,079.45 | $579.52 |
09/15/2025 | $317,121.08 | $2,658.98 | $2,075.67 | $583.31 |
10/15/2025 | $316,533.96 | $2,658.98 | $2,071.86 | $587.12 |
11/15/2025 | $315,943.00 | $2,658.98 | $2,068.02 | $590.96 |
12/15/2025 | $315,348.18 | $2,658.98 | $2,064.16 | $594.82 |
01/15/2026 | $314,749.48 | $2,658.98 | $2,060.27 | $598.70 |
02/15/2026 | $314,146.87 | $2,658.98 | $2,056.36 | $602.61 |
03/15/2026 | $313,540.32 | $2,658.98 | $2,052.43 | $606.55 |
04/15/2026 | $312,922.02 | $2,692.89 | $2,074.59 | $618.30 |
05/15/2026 | $312,299.63 | $2,692.89 | $2,070.50 | $622.39 |
06/15/2026 | $311,673.12 | $2,692.89 | $2,066.38 | $626.51 |
07/15/2026 | $311,042.46 | $2,692.89 | $2,062.24 | $630.66 |
08/15/2026 | $310,407.63 | $2,692.89 | $2,058.06 | $634.83 |
09/15/2026 | $309,768.60 | $2,692.89 | $2,053.86 | $639.03 |
10/15/2026 | $309,125.35 | $2,692.89 | $2,049.64 | $643.26 |
11/15/2026 | $308,477.83 | $2,692.89 | $2,045.38 | $647.51 |
12/15/2026 | $307,826.03 | $2,692.89 | $2,041.09 | $651.80 |
01/15/2027 | $307,169.92 | $2,692.89 | $2,036.78 | $656.11 |
02/15/2027 | $306,509.47 | $2,692.89 | $2,032.44 | $660.45 |
03/15/2027 | $305,844.65 | $2,692.89 | $2,028.07 | $664.82 |
04/15/2027 | $305,167.00 | $2,726.81 | $2,049.16 | $677.65 |
05/15/2027 | $304,484.81 | $2,726.81 | $2,044.62 | $682.19 |
06/15/2027 | $303,798.05 | $2,726.81 | $2,040.05 | $686.76 |
07/15/2027 | $303,106.69 | $2,726.81 | $2,035.45 | $691.36 |
08/15/2027 | $302,410.70 | $2,726.81 | $2,030.81 | $695.99 |
09/15/2027 | $301,710.04 | $2,726.81 | $2,026.15 | $700.66 |
10/15/2027 | $301,004.69 | $2,726.81 | $2,021.46 | $705.35 |
11/15/2027 | $300,294.62 | $2,726.81 | $2,016.73 | $710.08 |
12/15/2027 | $299,579.78 | $2,726.81 | $2,011.97 | $714.83 |
01/15/2028 | $298,860.16 | $2,726.81 | $2,007.18 | $719.62 |
02/15/2028 | $298,135.71 | $2,726.81 | $2,002.36 | $724.45 |
03/15/2028 | $297,406.41 | $2,726.81 | $1,997.51 | $729.30 |
04/15/2028 | $296,663.10 | $2,760.72 | $2,017.41 | $743.32 |
05/15/2028 | $295,914.74 | $2,760.72 | $2,012.36 | $748.36 |
06/15/2028 | $295,161.30 | $2,760.72 | $2,007.29 | $753.44 |
07/15/2028 | $294,402.76 | $2,760.72 | $2,002.18 | $758.55 |
08/15/2028 | $293,639.07 | $2,760.72 | $1,997.03 | $763.69 |
09/15/2028 | $292,870.19 | $2,760.72 | $1,991.85 | $768.87 |
10/15/2028 | $292,096.11 | $2,760.72 | $1,986.64 | $774.09 |
11/15/2028 | $291,316.77 | $2,760.72 | $1,981.39 | $779.34 |
12/15/2028 | $290,532.14 | $2,760.72 | $1,976.10 | $784.62 |
01/15/2029 | $289,742.20 | $2,760.72 | $1,970.78 | $789.95 |
02/15/2029 | $288,946.89 | $2,760.72 | $1,965.42 | $795.31 |
03/15/2029 | $288,146.19 | $2,760.72 | $1,960.02 | $800.70 |
04/15/2029 | $287,330.15 | $2,794.64 | $1,978.60 | $816.04 |
05/15/2029 | $286,508.52 | $2,794.64 | $1,973.00 | $821.64 |
06/15/2029 | $285,681.23 | $2,794.64 | $1,967.36 | $827.28 |
07/15/2029 | $284,848.27 | $2,794.64 | $1,961.68 | $832.96 |
08/15/2029 | $284,009.59 | $2,794.64 | $1,955.96 | $838.68 |
09/15/2029 | $283,165.15 | $2,794.64 | $1,950.20 | $844.44 |
10/15/2029 | $282,314.91 | $2,794.64 | $1,944.40 | $850.24 |
11/15/2029 | $281,458.84 | $2,794.64 | $1,938.56 | $856.08 |
12/15/2029 | $280,596.88 | $2,794.64 | $1,932.68 | $861.96 |
01/15/2030 | $279,729.01 | $2,794.64 | $1,926.77 | $867.87 |
02/15/2030 | $278,855.17 | $2,794.64 | $1,920.81 | $873.83 |
03/15/2030 | $277,975.34 | $2,794.64 | $1,914.81 | $879.83 |
04/15/2030 | $277,078.72 | $2,828.55 | $1,931.93 | $896.63 |
05/15/2030 | $276,175.86 | $2,828.55 | $1,925.70 | $902.86 |
06/15/2030 | $275,266.73 | $2,828.55 | $1,919.42 | $909.13 |
07/15/2030 | $274,351.27 | $2,828.55 | $1,913.10 | $915.45 |
08/15/2030 | $273,429.46 | $2,828.55 | $1,906.74 | $921.81 |
09/15/2030 | $272,501.24 | $2,828.55 | $1,900.33 | $928.22 |
10/15/2030 | $271,566.57 | $2,828.55 | $1,893.88 | $934.67 |
11/15/2030 | $270,625.40 | $2,828.55 | $1,887.39 | $941.17 |
12/15/2030 | $269,677.69 | $2,828.55 | $1,880.85 | $947.71 |
01/15/2031 | $268,723.40 | $2,828.55 | $1,874.26 | $954.29 |
02/15/2031 | $267,762.47 | $2,828.55 | $1,867.63 | $960.93 |
03/15/2031 | $266,794.87 | $2,828.55 | $1,860.95 | $967.61 |
04/15/2031 | $265,808.85 | $2,862.47 | $1,876.46 | $986.01 |
05/15/2031 | $264,815.91 | $2,862.47 | $1,869.52 | $992.95 |
06/15/2031 | $263,815.98 | $2,862.47 | $1,862.54 | $999.93 |
07/15/2031 | $262,809.01 | $2,862.47 | $1,855.51 | $1,006.96 |
08/15/2031 | $261,794.96 | $2,862.47 | $1,848.42 | $1,014.05 |
09/15/2031 | $260,773.79 | $2,862.47 | $1,841.29 | $1,021.18 |
10/15/2031 | $259,745.42 | $2,862.47 | $1,834.11 | $1,028.36 |
11/15/2031 | $258,709.83 | $2,862.47 | $1,826.88 | $1,035.59 |
12/15/2031 | $257,666.95 | $2,862.47 | $1,819.59 | $1,042.88 |
01/15/2032 | $256,616.74 | $2,862.47 | $1,812.26 | $1,050.21 |
02/15/2032 | $255,559.14 | $2,862.47 | $1,804.87 | $1,057.60 |
03/15/2032 | $254,494.10 | $2,862.47 | $1,797.43 | $1,065.04 |
04/15/2032 | $253,408.87 | $2,896.39 | $1,811.15 | $1,085.24 |
05/15/2032 | $252,315.91 | $2,896.39 | $1,803.43 | $1,092.96 |
06/15/2032 | $251,215.17 | $2,896.39 | $1,795.65 | $1,100.74 |
07/15/2032 | $250,106.60 | $2,896.39 | $1,787.81 | $1,108.57 |
08/15/2032 | $248,990.14 | $2,896.39 | $1,779.93 | $1,116.46 |
09/15/2032 | $247,865.73 | $2,896.39 | $1,771.98 | $1,124.41 |
10/15/2032 | $246,733.32 | $2,896.39 | $1,763.98 | $1,132.41 |
11/15/2032 | $245,592.86 | $2,896.39 | $1,755.92 | $1,140.47 |
12/15/2032 | $244,444.27 | $2,896.39 | $1,747.80 | $1,148.58 |
01/15/2033 | $243,287.52 | $2,896.39 | $1,739.63 | $1,156.76 |
02/15/2033 | $242,122.53 | $2,896.39 | $1,731.40 | $1,164.99 |
03/15/2033 | $240,949.25 | $2,896.39 | $1,723.11 | $1,173.28 |
04/15/2033 | $239,753.78 | $2,930.30 | $1,734.83 | $1,195.47 |
05/15/2033 | $238,549.71 | $2,930.30 | $1,726.23 | $1,204.07 |
06/15/2033 | $237,336.96 | $2,930.30 | $1,717.56 | $1,212.74 |
07/15/2033 | $236,115.49 | $2,930.30 | $1,708.83 | $1,221.48 |
08/15/2033 | $234,885.22 | $2,930.30 | $1,700.03 | $1,230.27 |
09/15/2033 | $233,646.09 | $2,930.30 | $1,691.17 | $1,239.13 |
10/15/2033 | $232,398.04 | $2,930.30 | $1,682.25 | $1,248.05 |
11/15/2033 | $231,141.01 | $2,930.30 | $1,673.27 | $1,257.04 |
12/15/2033 | $229,874.92 | $2,930.30 | $1,664.22 | $1,266.09 |
01/15/2034 | $228,599.72 | $2,930.30 | $1,655.10 | $1,275.20 |
02/15/2034 | $227,315.34 | $2,930.30 | $1,645.92 | $1,284.38 |
03/15/2034 | $226,021.70 | $2,930.30 | $1,636.67 | $1,293.63 |
04/15/2034 | $224,703.68 | $2,964.22 | $1,646.19 | $1,318.03 |
05/15/2034 | $223,376.05 | $2,964.22 | $1,636.59 | $1,327.62 |
06/15/2034 | $222,038.76 | $2,964.22 | $1,626.92 | $1,337.29 |
07/15/2034 | $220,691.73 | $2,964.22 | $1,617.18 | $1,347.03 |
08/15/2034 | $219,334.88 | $2,964.22 | $1,607.37 | $1,356.85 |
09/15/2034 | $217,968.15 | $2,964.22 | $1,597.49 | $1,366.73 |
10/15/2034 | $216,591.47 | $2,964.22 | $1,587.53 | $1,376.68 |
11/15/2034 | $215,204.76 | $2,964.22 | $1,577.51 | $1,386.71 |
12/15/2034 | $213,807.95 | $2,964.22 | $1,567.41 | $1,396.81 |
01/15/2035 | $212,400.97 | $2,964.22 | $1,557.23 | $1,406.98 |
02/15/2035 | $210,983.74 | $2,964.22 | $1,546.99 | $1,417.23 |
03/15/2035 | $209,556.19 | $2,964.22 | $1,536.66 | $1,427.55 |
04/15/2035 | $208,101.79 | $2,998.13 | $1,543.73 | $1,454.40 |
05/15/2035 | $206,636.67 | $2,998.13 | $1,533.02 | $1,465.12 |
06/15/2035 | $205,160.76 | $2,998.13 | $1,522.22 | $1,475.91 |
07/15/2035 | $203,673.98 | $2,998.13 | $1,511.35 | $1,486.78 |
08/15/2035 | $202,176.25 | $2,998.13 | $1,500.40 | $1,497.73 |
09/15/2035 | $200,667.48 | $2,998.13 | $1,489.37 | $1,508.77 |
10/15/2035 | $199,147.60 | $2,998.13 | $1,478.25 | $1,519.88 |
11/15/2035 | $197,616.52 | $2,998.13 | $1,467.05 | $1,531.08 |
12/15/2035 | $196,074.16 | $2,998.13 | $1,455.78 | $1,542.36 |
01/15/2036 | $194,520.44 | $2,998.13 | $1,444.41 | $1,553.72 |
02/15/2036 | $192,955.28 | $2,998.13 | $1,432.97 | $1,565.16 |
03/15/2036 | $191,378.58 | $2,998.13 | $1,421.44 | $1,576.70 |
04/15/2036 | $189,772.31 | $3,032.05 | $1,425.77 | $1,606.28 |
05/15/2036 | $188,154.06 | $3,032.05 | $1,413.80 | $1,618.24 |
06/15/2036 | $186,523.76 | $3,032.05 | $1,401.75 | $1,630.30 |
07/15/2036 | $184,881.32 | $3,032.05 | $1,389.60 | $1,642.45 |
08/15/2036 | $183,226.63 | $3,032.05 | $1,377.37 | $1,654.68 |
09/15/2036 | $181,559.63 | $3,032.05 | $1,365.04 | $1,667.01 |
10/15/2036 | $179,880.20 | $3,032.05 | $1,352.62 | $1,679.43 |
11/15/2036 | $178,188.26 | $3,032.05 | $1,340.11 | $1,691.94 |
12/15/2036 | $176,483.71 | $3,032.05 | $1,327.50 | $1,704.55 |
01/15/2037 | $174,766.47 | $3,032.05 | $1,314.80 | $1,717.24 |
02/15/2037 | $173,036.43 | $3,032.05 | $1,302.01 | $1,730.04 |
03/15/2037 | $171,293.50 | $3,032.05 | $1,289.12 | $1,742.93 |
04/15/2037 | $169,517.95 | $3,065.96 | $1,290.41 | $1,775.55 |
05/15/2037 | $167,729.02 | $3,065.96 | $1,277.04 | $1,788.93 |
06/15/2037 | $165,926.62 | $3,065.96 | $1,263.56 | $1,802.40 |
07/15/2037 | $164,110.64 | $3,065.96 | $1,249.98 | $1,815.98 |
08/15/2037 | $162,280.97 | $3,065.96 | $1,236.30 | $1,829.66 |
09/15/2037 | $160,437.53 | $3,065.96 | $1,222.52 | $1,843.45 |
10/15/2037 | $158,580.19 | $3,065.96 | $1,208.63 | $1,857.33 |
11/15/2037 | $156,708.87 | $3,065.96 | $1,194.64 | $1,871.33 |
12/15/2037 | $154,823.44 | $3,065.96 | $1,180.54 | $1,885.42 |
01/15/2038 | $152,923.82 | $3,065.96 | $1,166.34 | $1,899.63 |
02/15/2038 | $151,009.88 | $3,065.96 | $1,152.03 | $1,913.94 |
03/15/2038 | $149,081.52 | $3,065.96 | $1,137.61 | $1,928.36 |
04/15/2038 | $147,117.15 | $3,099.88 | $1,135.50 | $1,964.37 |
05/15/2038 | $145,137.81 | $3,099.88 | $1,120.54 | $1,979.34 |
06/15/2038 | $143,143.40 | $3,099.88 | $1,105.47 | $1,994.41 |
07/15/2038 | $141,133.80 | $3,099.88 | $1,090.28 | $2,009.60 |
08/15/2038 | $139,108.89 | $3,099.88 | $1,074.97 | $2,024.91 |
09/15/2038 | $137,068.55 | $3,099.88 | $1,059.55 | $2,040.33 |
10/15/2038 | $135,012.68 | $3,099.88 | $1,044.01 | $2,055.87 |
11/15/2038 | $132,941.15 | $3,099.88 | $1,028.35 | $2,071.53 |
12/15/2038 | $130,853.84 | $3,099.88 | $1,012.57 | $2,087.31 |
01/15/2039 | $128,750.63 | $3,099.88 | $996.67 | $2,103.21 |
02/15/2039 | $126,631.40 | $3,099.88 | $980.65 | $2,119.23 |
03/15/2039 | $124,496.03 | $3,099.88 | $964.51 | $2,135.37 |
04/15/2039 | $122,320.86 | $3,133.79 | $958.62 | $2,175.17 |
05/15/2039 | $120,128.93 | $3,133.79 | $941.87 | $2,191.92 |
06/15/2039 | $117,920.13 | $3,133.79 | $924.99 | $2,208.80 |
07/15/2039 | $115,694.32 | $3,133.79 | $907.99 | $2,225.81 |
08/15/2039 | $113,451.37 | $3,133.79 | $890.85 | $2,242.95 |
09/15/2039 | $111,191.15 | $3,133.79 | $873.58 | $2,260.22 |
10/15/2039 | $108,913.53 | $3,133.79 | $856.17 | $2,277.62 |
11/15/2039 | $106,618.37 | $3,133.79 | $838.63 | $2,295.16 |
12/15/2039 | $104,305.54 | $3,133.79 | $820.96 | $2,312.83 |
01/15/2040 | $101,974.90 | $3,133.79 | $803.15 | $2,330.64 |
02/15/2040 | $99,626.31 | $3,133.79 | $785.21 | $2,348.59 |
03/15/2040 | $97,259.64 | $3,133.79 | $767.12 | $2,366.67 |
04/15/2040 | $94,848.93 | $3,167.71 | $757.00 | $2,410.71 |
05/15/2040 | $92,419.46 | $3,167.71 | $738.24 | $2,429.47 |
06/15/2040 | $89,971.08 | $3,167.71 | $719.33 | $2,448.38 |
07/15/2040 | $87,503.65 | $3,167.71 | $700.27 | $2,467.43 |
08/15/2040 | $85,017.01 | $3,167.71 | $681.07 | $2,486.64 |
09/15/2040 | $82,511.02 | $3,167.71 | $661.72 | $2,505.99 |
10/15/2040 | $79,985.52 | $3,167.71 | $642.21 | $2,525.50 |
11/15/2040 | $77,440.36 | $3,167.71 | $622.55 | $2,545.16 |
12/15/2040 | $74,875.39 | $3,167.71 | $602.74 | $2,564.97 |
01/15/2041 | $72,290.46 | $3,167.71 | $582.78 | $2,584.93 |
02/15/2041 | $69,685.42 | $3,167.71 | $562.66 | $2,605.05 |
03/15/2041 | $67,060.09 | $3,167.71 | $542.38 | $2,625.33 |
04/15/2041 | $64,386.00 | $3,201.63 | $527.54 | $2,674.09 |
05/15/2041 | $61,690.88 | $3,201.63 | $506.50 | $2,695.12 |
06/15/2041 | $58,974.56 | $3,201.63 | $485.30 | $2,716.32 |
07/15/2041 | $56,236.87 | $3,201.63 | $463.93 | $2,737.69 |
08/15/2041 | $53,477.64 | $3,201.63 | $442.40 | $2,759.23 |
09/15/2041 | $50,696.70 | $3,201.63 | $420.69 | $2,780.93 |
10/15/2041 | $47,893.89 | $3,201.63 | $398.81 | $2,802.81 |
11/15/2041 | $45,069.03 | $3,201.63 | $376.77 | $2,824.86 |
12/15/2041 | $42,221.95 | $3,201.63 | $354.54 | $2,847.08 |
01/15/2042 | $39,352.47 | $3,201.63 | $332.15 | $2,869.48 |
02/15/2042 | $36,460.42 | $3,201.63 | $309.57 | $2,892.05 |
03/15/2042 | $33,545.61 | $3,201.63 | $286.82 | $2,914.80 |
04/15/2042 | $30,576.76 | $3,235.54 | $266.69 | $2,968.85 |
05/15/2042 | $27,584.30 | $3,235.54 | $243.09 | $2,992.46 |
06/15/2042 | $24,568.06 | $3,235.54 | $219.30 | $3,016.25 |
07/15/2042 | $21,527.83 | $3,235.54 | $195.32 | $3,040.22 |
08/15/2042 | $18,463.44 | $3,235.54 | $171.15 | $3,064.39 |
09/15/2042 | $15,374.68 | $3,235.54 | $146.78 | $3,088.76 |
10/15/2042 | $12,261.37 | $3,235.54 | $122.23 | $3,113.31 |
11/15/2042 | $9,123.31 | $3,235.54 | $97.48 | $3,138.06 |
12/15/2042 | $5,960.30 | $3,235.54 | $72.53 | $3,163.01 |
01/15/2043 | $2,772.14 | $3,235.54 | $47.38 | $3,188.16 |
02/15/2043 | $-441.36 | $3,235.54 | $22.04 | $3,213.50 |
03/15/2043 | $-3,680.41 | $3,235.54 | $-3.51 | $3,239.05 |
04/15/2043 | $-6,979.43 | $3,269.46 | $-29.57 | $3,299.02 |
05/15/2043 | $-10,304.96 | $3,269.46 | $-56.07 | $3,325.52 |
06/15/2043 | $-13,657.20 | $3,269.46 | $-82.78 | $3,352.24 |
07/15/2043 | $-17,036.37 | $3,269.46 | $-109.71 | $3,379.17 |
08/15/2043 | $-20,442.68 | $3,269.46 | $-136.86 | $3,406.32 |
09/15/2043 | $-23,876.36 | $3,269.46 | $-164.22 | $3,433.68 |
10/15/2043 | $-27,337.63 | $3,269.46 | $-191.81 | $3,461.26 |
11/15/2043 | $-30,826.69 | $3,269.46 | $-219.61 | $3,489.07 |
12/15/2043 | $-34,343.79 | $3,269.46 | $-247.64 | $3,517.10 |
01/15/2044 | $-37,889.14 | $3,269.46 | $-275.90 | $3,545.35 |
02/15/2044 | $-41,462.98 | $3,269.46 | $-304.38 | $3,573.83 |
03/15/2044 | $-45,065.52 | $3,269.46 | $-333.09 | $3,602.54 |
04/15/2044 | $-48,734.67 | $3,303.37 | $-365.78 | $3,669.15 |
05/15/2044 | $-52,433.61 | $3,303.37 | $-395.56 | $3,698.94 |
06/15/2044 | $-56,162.57 | $3,303.37 | $-425.59 | $3,728.96 |
07/15/2044 | $-59,921.79 | $3,303.37 | $-455.85 | $3,759.22 |
08/15/2044 | $-63,711.53 | $3,303.37 | $-486.37 | $3,789.74 |
09/15/2044 | $-67,532.02 | $3,303.37 | $-517.13 | $3,820.50 |
10/15/2044 | $-71,383.53 | $3,303.37 | $-548.13 | $3,851.51 |
11/15/2044 | $-75,266.30 | $3,303.37 | $-579.40 | $3,882.77 |
12/15/2044 | $-79,180.58 | $3,303.37 | $-610.91 | $3,914.28 |
01/15/2045 | $-83,126.64 | $3,303.37 | $-642.68 | $3,946.05 |
02/15/2045 | $-87,104.72 | $3,303.37 | $-674.71 | $3,978.08 |
03/15/2045 | $-91,115.09 | $3,303.37 | $-707.00 | $4,010.37 |
TOTAL: | - | $715,481.88 | $303,798.48 | $411,683.40 |
Change options for different scenario in the form below:
Lender | APR (%)? | Monthly Payment? | Learn More |
---|---|---|---|
![]() Achieve Loans |
Intro APR 9.250 % After Intro: 9.250 % |
$0 | Learn More |
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![]() District Lending |
No Lender Fees | Learn More | |
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![]() CrossCountry Mortgage, LLC |
Unlock Your Home's Potential | Learn More | |
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![]() AmeriSave Mortgage Corporation |
Home Equity Loans & Refinance – Cash out | Learn More | |
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Rate data provided by RateUpdate.com. Displayed by ICB, a division of Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes, insurance premiums or private mortgage insurance if applicable. Actual payments will be greater with taxes and insurance included. Click here for more information on rates and product details. |