SMS agent script
Hi Corey,
Based on an analysis of your mortgage and today’s rates, you may qualify for several loan options, with each offering significant benefits.
Debt consolidation
Because you’re already paying $1,100 each month toward revolving and instalment debt of $16,248, and $3,619 for your existing loan, even with an additional $183,471 to your existing mortgage of $544,000 , with a current rate of 7% your payment on a new mortgage of $732,494 will remain unchanged.
Loan Amount:
Rate
APR
Monthly payment:
Cash on hand after debt payment
$732,494
6%
6.08%
$4,719
$167,223
Rate & Term with approximate loan costs of $5,332 added to the loan
Loan Amount:
Rate
APR
Monthly payment:
Payment inc. loan costs
Saving
Months to recoup loan costs
Loan-to-value
$544,000
5.75%
5.83%
$3,175
$3,203
$445
12
59%
No loan cost, Rate & Term
Loan Amount:
Rate
APR
Monthly payment:
Payment inc. loan costs
Saving
Loan-to-value
$544,000
6%
6.08%
$3,262
$3,203
$358
59%
Second Loan/HELOC option
With a monthly payment of $1,100, you could afford a fixed-rate second loan of $178,842 . After you pay off all your revolving and installment debt Of $16,248, you will have $162,594 cash on hand.
Loan Amount:
Rate
APR
Monthly payment:
Payment incl. current loan:
Cash on hand after debt payment
$178,842
6.24%
6.24%
$1,100
$4,719
$162,594