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Loan Comparison Chart

XXX= Excellent,  XX= Good,  X=Fair

  30 YEAR FIXED 15 YEAR FIXED 5/1 ARM 3/1 ARM 1 YR ARM 6 MTH ARM FHA 100% FINANCE LOW/NO DOC.
I want a stable monthly payment XXX XXX XX X     XXX   XXX
I want to buy as much house as i can       X XX XXX     XXX
I think interest rates are likely to fall     X XX XX XXX      
I think interest rates are likely to rise XXX XXX XX X     XXX   XXX
I want the lowest possible payments     X XX XXX XXX      
I plan to refinance within 5 years     XXX XXX          
I want to avoid negative amortization XXX XXX XXX XXX XXX XXX XXX   XXX
I plan to sell my home in 5 years     XXX XX          
I want the lowest down payment XX XX         XXX XXX  
I plan to live in the house 5+ years XXX XXX         XXX XXX XXX
I want to pay the LEAST interest over the life of the loan   XXX