Page 3 - AAG095_B2B Jumbo for Purchase Brochure
P. 3
Advantage
for Purchase
How It Works
Use the charts below to get an idea of how much your buyer
could finance with AAG’s Advantage loan and how much
money they would need to provide at closing.
Loan Amount
Locate the age on the chart closest to the youngest buyer’s age. Then find the home
value closest to the home your buyers are looking to purchase. This will give you an
estimate of the Advantage loan amount.
HOME VALUE $1,000,000 $1,500,000 $2,000,000
65 Years Old $426,000 1 $639,000 4 $852,000 7
70 Years Old $457,000 2 $685,500 5 $914,000 8
85 Years Old $570,000 3 $855,000 6 $1,140,000 9
Chart 1. Advantage Loan Amount**
Down Payment
Locate the age on the chart closest to the youngest buyer’s age. Then find the home
value closest to the home your buyers are looking to purchase. This will give you an
estimate of the amount your buyers would need to provide at closing.
HOME VALUE $1,000,000 $1,500,000 $2,000,000
65 Years Old $590,149 $879,365 $1,168,581
70 Years Old $559,149 $832,865 $1,106,581
85 Years Old $446,149 $663,365 $880,581
Chart 2. Estimated Amount Buyer Needs to Provide at Closing
