6 Month No Payment

FHA & VA only. Six months no payment. Borrower prepays six months principal at closing. Seller funds six months interest and escrow at closing.

Loan type (FHA & VA only)

FHA VA

Program

6 months 3 months

Total Loan amount ($) Interest rate APR (%) Term Property taxes

Monthly Annual

Homeowners insurance

Monthly Annual

FHA MIP rate (annual %)

For VA loans this is fixed to 0.00%.

Borrower name Date