Loans
Loan Types
Did you know there are 4 factors to look at when choosing a loan? What’s most important to you?
If you want the:
Lowest Rate
Put more money down 25%, you’ll have more monthly cash-flow, 5yr PPP terms come with the lowest rate
Lowest down payment
Put 20% down, this will raise your rate, you’ll have less cashflow monthly but more in your pocket overall from lowering the down payment.
Most Cashflow
An interest-only loan might be for you. Because you won’t be paying any principle each month, you’ll pocket that in cashflow instead. If you’re trying to maximize liquidity, put 20% down. And to keep the payments as low as possible, Choose a 5yr PPP instead of a 3yr PPP.
Lowest PPP Terms
You'll be at a higher rate, but will save $$$ if you plan to refi or sell within the first 5 years of the loan.
Loans Rates + Terms
5yr PPP
Did you know there are 4 factors to look at when choosing a loan? What’s most important to you?
If you want the:
Put more money down 25%, you’ll have more monthly cash-flow, 5yr PPP terms come with the lowest rate.
Put 20% down, this will raise your rate, you’ll have less cashflow monthly but more in your pocket overall from lowering the down payment.
An interest-only loan might be for you. Because you won’t be paying any principle each month, you’ll pocket that in cashflow instead. If you’re trying to maximize liquidity, put 20% down. And to keep the payments as low as possible, Choose a 5yr PPP instead of a 3yr PPP.
You'll be at a higher rate, but will save $$$ if you plan to refi or sell within the first 5 years of the loan.