As of August 1, 2024, if your down payment is less than 20% of your home’s price, your maximum amortization period is:
If your down payment is more than 20% of your home’s price, your lender sets your maximum amortization period.
Over the 25-year amortization period, you will:
Over the 5-year term, you will:
At the end of your 5-year term, you will:
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