Here’s how to acquire property getting absolutely nothing currency off, using CalPLUS Antique Mortgage, on the cuatro% Zip and you can step three% MyHome advice apps:
Purchase price $three hundred,000 along with Estimated Closing costs $8,400 = Overall Expected: $308,eight hundred CalPLUS Traditional Loan amount (95% out of cost): $285,100000 Zip (4% off first mortgage count): $11,400 MyHome (3% away from purchase price): $nine,000 $285,000 + $11,400 + $9,100 = $305,400.