Our USDA Rural Home Loan will save you a truck load of cash and help you keep your money in your own bank account after closing…

Here’s a quick comparison of the USDA Rural Home Loan and an FHA Mortgage Loan.

How Much Can Be Financed?

  • 102% of the APPRAISED value! (finance up to $153,000 in this example)

Appraised Value

$150,000

Purchase Price

$145,000

Closing Costs & Prepaids

$5,000

FHA, Conventional or our USDA Rural Home Loan? Which is better for YOU?

FHA

Conv.

RHL

Purchase Price

200,000

200,000

200,000

Loan Amount

194,300

190,000

204,000

Principal & Interest

1,228.11

1,264.07

1,289.42

Mortgage Ins. Premium (monthly)

80.96

272.33

0.00

Total Monthly Payment

1,309.07

1,536.40

1,289.42

DOWN PAYMENT

5,700

10,000

0.00

You can apply for a USDA Guaranteed Rural Home Loan here.

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