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.
Remember, Once you are Pre-Approved for your mortgage, the rate will be held for a certain period, up to 120 days, it's important to limit any future credit checks before you buy your house, as each time you apply for any type of credit it's likely that you just reduced your credit score by 6 points and could affect your ability to qualify for your home purchase, or you might end up paying a higher rate!
We have excellent contacts in the Mortgage Business who can search multiple lenders at the same time and secure the very best rates for you. This means that you only have One credit check to access the rates from all companies at the same time!
See current rates and terms and how much you will pay each month on $100,000 outstanding on your mortgage.