Page 1 - AAG030_Best Purchasing Plan Flyer

Choose the Best Purchasing Plan

for Your Home

Purchase Plan #1 Purchase Plan #2 Purchase Plan #3

Pay APPROX HALF CASH

Pay cash in full with a HECM for Purchase Traditional 30-year fixed
(Home Equity Conversion Mortgage) mortgage

No monthly mortgage payment*
No monthly mortgage Mandatory payments
payment *Borrower must pay property taxes, homeowners for 30 years
insurance, and home maintenance costs.

Depletes savings MORE CASH IN SAVINGS More cash in savings, but
(“house rich, cash poor”) RETIREMENT / ASSET LIQUIDITY less money monthly due to
mortgage payments

INCREASES BUYING POWER Buying power dependent
Limited buying power
Compared to plan #1 on income

Purchase Plan #2: FHA-Insured HECM Loan

SALES PRICE $200,000 $300,000 $500,000 $700,000

Age Estimated Cash to Close
62 $122,882¹ $182,618² $300,684³ $417,643⁴

65 $118,882⁵ $175,571⁶ $290,684⁷ $403,643⁸

70 $112,082⁹ $166,418¹⁰ $273,684¹¹ $379,843¹²

75 $106,882¹³ $158,618¹⁴ $260,684¹⁵ $361,643¹⁶

Call me today to learn more!

SEE REVERSE FOR IMPORTANT DISCLOSURE INFORMATION AAG030