Bank Of America Corporation · NYSE:BAC
Bank Of America — Investor Presentation (June 2025)
11 slides from Bank Of America's investor presentation, June 2025
Slide 1: Preparing for homeownership
Preparing for homeownership
Slide 2: Mortgage basics
Better Money Habits*® Mortgage basics
Slide 3: What makes up a mortgage payment
What makes up a mortgage payment A monthly home loan payment includes four costs known as PITI: Quick tip Visit BetterMoneyHabits.com and Principal view Buying a home within your P Amount applied to the outstanding balance of the loan comfort zone. + Interest I Cost of borrowing the money + Taxes T
Slide 4: Easily estimate a monthly payment
Easily estimate a monthly payment Here’s how to quickly estimate a monthly payment (including principal, interest, taxes and insurance) that fits your budget. Generally 28% of your gross monthly income is a good number to start with. For example: $4,166* $1,166 Gross monthly income × 28% = Estimated
Slide 5: Mortgage loan types
Mortgage loan types Fixed-rate mortgages • Carry a constant principal and interest rate from beginning to end for Quick tip the life of the loan Visit BetterMoneyHabits.com and • Once locked in, the interest rate doesn’t fluctuate with market conditions view Fixed vs. adjustable rate mortgages. Adju
Slide 6: Mortgage loan products
Mortgage loan products Conventional loans1 • Conventional loans are the most common type of mortgage loans • They are not backed by a government agency, but instead by a private mortgage lender (bank, credit union) • There are various types of conventional loans including conforming and nonconformin
Slide 7: The home loan process
The home loan process Working with an experienced real estate professional can make it easier to find the right home at the right price. Before you start your search, your lending specialist can help you get prequalified for your home loan, which can help you and your real estate professional determ
Slide 8: Closing your loan: What to expect
Closing your loan: What to expect When it’s time to close your loan, your lender will provide a Closing Disclosure (CD) at least three business days before closing for you to sign. Your responsibilities: Your lender’s responsibilities: • Review and sign closing documents. Be sure you • Review the fi
Slide 9: Strategies for paying down debt
Strategies for paying down debt If you’re struggling to meet the qualifications to purchase a home, here are some tips to help you get to where you need to be: • Pay off your debts using the “Snowball Method.” This is when you pay off your debts by lowest balances first. • Pay off debt using the “Hi
Slide 10: Conclusion
Conclusion BetterMoneyHabits.com 10
Slide 11: Thank you
Thank you The material provided on this presentation is for informational use only and is not intended for financial or investment advice. Bank of America Corporation and/or its affiliates assume no liability for any loss or damage resulting from one’s reliance on the material provided. Please also