Page 9 - AAG126_H4P Realtors_Brad Dela Cruz
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#2 AAG HECM for Purchase 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
      *Closing costs included



      ¹This example is based on the youngest borrower   ¹⁰This example is based on the youngest borrower
      age 62, Annual Percentage Rate (APR) of 5.705%,   age 65, APR of 5.627%, home purchase price of
      home purchase price of $200,000, IMIP of $4,000,   $500,000, IMIP of $10,000, origination fee of $6,000,
      origination fee of $4,000, and other closing costs of   and other closing costs of $4,184.
      $2,682.
                                        ¹¹This example is based on the youngest borrower
      ²This example is based on the youngest borrower   age 70, APR of 5.678%, home purchase price of
      age 65, APR of 5.764%, home purchase price of   $500,000, IMIP of $10,000, origination fee of $6,000,
      $200,000, IMIP of $4,000, origination fee of $4,000,   and other closing costs of $4,184.
      and other closing costs of $2,682.
                                        ¹²This example is based on the youngest borrower
      ³This example is based on the youngest borrower   age 75, APR of 5.771%, home purchase price of
      age 70, APR of 5.831%, home purchase price of   $500,000, IMIP of $10,000, origination fee of $6,000,
      $200,000, IMIP of $4,000, origination fee of $4,000,   and other closing costs of $4,184.
      and other closing costs of $2,682.
                                        ¹³This example is based on the youngest borrower
      ⁴This example is based on the youngest borrower   age 62, APR of 5.532%, home purchase price of
      age 75, APR of 5.952%, home purchase price of   $700,000, IMIP of $14,000, origination fee of $6,000,
      $200,000, IMIP of $4,000, origination fee of $4,000   and other closing costs of $4,943.
      and other closing costs of $2,682.
                                        ¹⁴This example is based on the youngest borrower
      ⁵This example is based on the youngest borrower   age 65, APR of 5.573%, home purchase price of
      age 62, APR of 5.655%, home purchase price of   $700,000, IMIP of $14,000, origination fee of $6,000,
      $300,000, IMIP of $6,000, origination fee of $5,000,   and other closing costs of $4,943.
      and other closing costs of $3,318.
                                        ¹⁵This example is based on the youngest borrower
      ⁶This example is based on the youngest borrower   age 70, APR of 5.618%, home purchase price of
      age 65, APR of 5.717%, home purchase price of   $700,000, IMIP of $14,000, origination fee of $6,000,
      $300,000, IMIP of $6,000, origination fee of $5,000,   and other closing costs of $4,943.
      and other closing costs of $2,271.
                                        ¹⁶This example is based on the youngest borrower
      ⁷This example is based on the youngest borrower   age 75, APR of 5.700%, home purchase price of
      age 70, APR of 5.769%, home purchase price of   $700,000, IMIP of $14,000, origination fee of $6,000,
      $300,000, IMIP of $6,000, origination fee of $5,000   and other closing costs of $4,943.
      and other closing costs of $3,318.
                                        HECM Fixed rates are effective as of July 2019 and
      ⁸This example is based on the youngest borrower   subject to change without notice.
      age 75, APR of 5.879%, home purchase price of
      $300,000, IMIP of $6,000, origination fee of $5,000,
      and other closing costs of $3,318.
      ⁹This example is based on the youngest borrower
      age 62, APR of 5.581%, home purchase price of
      $500,000, IMIP of $10,000, origination fee of $6,000,
      and other closing costs of $4,184.
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