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How Much Can I afford calculator coming soon. Stay Tuned

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Definitions

  • Mortgage loan amountThe amount you wish to borrow for your home mortgage.
  • Annual interest rateThe interest rate for this home mortgage loan.
  • Number of months The number of months you wish to finance this home mortgage loan. 30 years = 360 months, 20 years = 240 months, 15 years = 180 months.
  • Desired amortization scheduleAfter clicking Submit, an amortization schedule will be shown. You can control whether you want it to display year-by-year or month-by-month.
  • Sale price of propertyThe selling price of the home you are selling, if applicable. Otherwise leave at $0.
  • Let system estimate property taxes, insurance, and private mortgage insurance?Select 'yes' if you want the calculator to estimate these values for you based on national averages. If you would like to specify these values, select 'No'
  • Annual property taxesThe annual amount you expect to pay for property taxes.
  • Annual hazard insuranceThe annual amount you expect to pay for hazard/homeowner's insurance.
  • Monthly private mortgage insuranceThe monthly amount you will be required to pay by the the lender for private mortgage insurance (PMI).


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