This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate.
This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.
Contact us for more information about financing your next real estate purchase.
I love that house! What are my financing options?Imagine buying your dream home. Connect with a lender to help you make it happen.
Sponsoring Lender: Supreme Lending
Most of us are concerned with three things when it comes to obtaining a mortgage loan for a new home:
A down payment that works with your budget
Low monthly payments
Easy qualification and a smooth transaction process
Our lender partners atSupreme Lending have you covered. You may be surprised that there’s a down payment option for every budget — and zero-down options still exist! Their low interest rates make home ownership more affordable than renting in most cases. And just as importantly, their tried-and-true underwriting systems make for a smooth, low stress closing experience. Make contact today for a free payment estimate and to learn about special programs that may work for you!
Brian Campbell, Senior Loan Officer Supreme Lending 3420 Executive Center Dr #300 Austin, TX 78731