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The Option ARM is a powerful money management tool
- The absolute best and most reasonable tool to finance a home and manage one’s cash flow at the same time
- The only mortgage tool that allows a borrower to choose from many different types of payments
- Allows the borrower to make financial decisions based on their needs and/or preferences and current situation at any given time
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A tool that does what?
- Allows Financial Flexibility
- Cash Flow Management
- Tax Benefits/Planning
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Four Primary Payment OPTIONS...
- Minimum Payment
- Interest Only
- 30 Year Amortized
- 15 Year Amortized
- ANY other amount that is greater than the minimum payment
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Minimum Payment |
Interest Only Payment |
30 Yr. Amortized Payment |
15 Yr. Amortized Payment |
| Option Arm |
YES |
YES |
YES |
YES |
| 5/1 ARM |
NO |
Some Programs |
YES |
NO |
| 30 Year Fixed |
NO |
Some Programs |
YES |
NO |
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Loan Amount : $400,000
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Minimum Payment |
Interest Only Payment |
30 Yr. Amortized Payment |
15 Yr. Amortized Payment |
Option Arm
(start 1.00%
Margin 2.2%) |
$1,286.56 |
$1,346.67 |
$1,918.90 |
$2,966.78 |
5/1 ARM
(5.25%)
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NO |
NO |
$2,208.81 |
NO |
30 Year Fixed
(6.25%)
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NO |
NO |
$2,462.87 |
NO |
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Loan Amount : $400,000 (Option ARM : Subject to 7.5% Payment change cap & Lifetime Cap of 9.95%)
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YEAR 1
Minimum Payment |
YEAR 2
Minimum Payment |
YEAR 3
Minimum Payment |
YEAR 4
Minimum Payment |
YEAR 5
Minimum Payment |
Option Arm
(start 1.00%
Margin 2.2%) |
$1,286.56 |
$1,383.05 |
$1,486.78 |
$1,598.29 |
$1,718.16 |
5/1 ARM
(5.25%)
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$2,208.81 |
$2,208.81 |
$2,208.81 |
$2,208.81 |
$2,208.81 |
30 Year Fixed
(6.25%)
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$2,462.87 |
$2,462.87 |
$2,462.87 |
$2,462.87 |
$2,462.87 |
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Our dedicated Loan Advisors are waiting in line to give you a FREE consultation.
Call now at 1-866-395-6972 or Apply Now! |
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Equal Housing Lender. Casa Blanca Mortgage, Inc., DBA Shearsons Mortgage. Some products may not be available in all states. ©2005 Shearsons Mortgage. All rights reserved.
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