A home is probably the most expensive purchase you'll ever make. Be smart: compare rates and closing costs! Remember, lenders are in business to make money. As a buyer of money (a mortgage), beware !
Your goal is to get the best loan for the lowest overall cost. Be sure to get a quote from at least 3 lenders! I've helped many of my buyers save thousands of dollars by teaching them how to ask the right questions and how to read the lender offers. Let me show you how to compare offers and get the best overall deal for you... interest rates, closing costs, prepaids, PMI, Points... I can explain these terms in simple English to you.
I am here to coach you through the mortgage process so you understand what is actually the best deal for you.
Use the mortgage calculators below to assist you in making some decisions around financing your new home.
Mortgage Qualification Calculator
This calculator will help you determine how much money you qualify to borrow. The results are informal. You will be subject to a credit approval from your financial institution taking into consideration existing debt load, amount of down payment, income and other variables.
Mortgage Payment Calculator & Amortization Table
This calculator will help you determine what your mortgage payments will be based on purchase price, interest rate and mortgage term, as well as other factors. The amortization table shows what the interest and principal payments will be over the term of the mortgage.