Starting Rate
Maximum Loan To Value (LTV)
Maximum HELOC at closing
Max. Initial Disbursement
Represents 90% of your total approved credit limit. This means you can access up to 90% of your available
funds at closing, with the remaining balance accessible after closing.
Min. Initial Disbursement Amount
The initial loan balance must equal 50% of the max line amount.
Payoff Current Mortgage
Down Payment
Closing Costs
This is a placeholder estimate and does not reflect actual closing costs, which vary by state and loan
details. Your final closing costs will be determined during the loan process.
Total Cash Available at Closing
Seller Paid
Closing Costs
Cash to Borrower at Closing
Total
Cash Required at Closing
Savings Left Over
Starting Loan Balance
$75,000 or 50% of the max line of credit, whichever is greater.
Approx. Initial Estimated IO Pmt
Post Close LOC
Remaining available credit after closing and initial disbursements, accessible for
future draws.
Est. Initial Monthly Payment
Qualifying / Capped Monthly Payment
The Estimated Minimum Payment Cap shown on your quote is based on today’s rates and your projected loan
balance. It reflects the maximum minimum monthly payment you could be required to make over the life of the
loan — even if rates rise in the future.
Important: This cap is not your starting payment, and it may not be the amount you actually
pay each month. It simply shows the highest your required minimum payment can ever go, based on current
projections. Your actual payment each month will still depend on your current balance and chosen payment
option, but it can never exceed this cap.
This cap is built into your loan for your protection, so you always know the maximum required monthly amount
— giving you more control, predictability, and peace of mind when budgeting.
