12 MAT Pay-Option ARM Mortgage Payment Calculator Enter your variables in yellow boxes. Fully Indexed Rate: Loan Amount: Margin: Current Index: Rate Adjustments: Term (Years): $300,000 Minimum Payment (1.00% Start Rate): 2.550% 1.450% 0.000% Interest Only Payment: 30 Fully Amortized Payment: Property Value (Optional): Subordinate Financing (Optional): LTV: CLTV: Grossed up CLTV *: $500,000 $0 60.00% 60.00% 66.00% $1,432.25 $1,000.00 $964.37 Deferred Interest $35.63 Minimum Payment (2.00% Start Rate): $1,109.46 (Only Applicable when LTV>80% and/or Non-Owner Occupied loans) Deferred Interest -$109.46 4.000%
* Note: Loan will NOT gross up if loan is a Purchase/Rate and Term, <= $400K, <=80% LTV, <=40% DTI, 660 FICO for Full Doc and 680 FICO for Stated Income. Loan WILL gross up for all HELOCS.