We can always help you determine your exact payment, but if you are considering around a $60,000 to $80,000 home you could use the following estimates:
Interest rates differ depending on your credit history, down payment and bank.
Interest: 4.5%
Loan Term: 30 years
Downpayment: 3.5%
The Calculator is determining only your bank payment, you will also need to add property taxes and insurance to your loan.
Estimate: 4.5%
Estimate: 30 years
Don't forget Taxes
Don't forget Insurance
Estimates based to $60,000 to $80,000 home
Taxes: $900/yr or $75/month
Insurance: $480/yr or $40/month
Total Monthly Payment
$__ ___ ___. ___ __
As your Realtor, we will help you understand the whole buying process, but if you are curious what all goes into a mortgage payment, or just what a home will cost you a month, give this calculator a try...
So now what?
Give me a call and I will help you with any confusion and the next steps!
