CalHFA Unveils Major Enhancement to its Loan Scenario Calculator
CalHFA is excited to announce that lenders can now compare up to three separate CalHFA Loan Scenarios in the newly improved Loan Scenario Calculator.
What exactly is new?
Lenders will still enter their CalHFA loan data as usual, but now they can add additional CalHFA loan program scenarios that shows three side-by-side CalHFA loan comparisons. You can compare multiple CalHFA loans on one simple, printable page to help you decide which CalHFA loan is best for your borrower.
Side-by-side comparisons include:
- All loan amounts, including all down payment and closing cost assistance junior loans
- LTVs and CLTVs
- Borrower estimated contribution
- All principal & interest, hazard insurance, mortgage insurance (PITI) and HOA payments
Thank you for your continued partnership with CalHFA.