Subtract your estimated down payment from the property price
and enter the value in "Loan Amount" (Remember that if the down
payment is less than 20% of the sale price you will have the added
expense of Mortgage Insurance which is not figured into this calculation.)
Enter the current interest rate. Contact
Daphine Dial of Prosperity Mortgage at 240-277-0690 for today's
current rates! NMLSR #194035
Estimate Annual Tax and Insurance and enter these values.
To test the effect of different loan periods try alternatives
to the default of "30" years.
Each time you change a value hit "Calculate Now" to see what
the effect is.
REALTORŪ ABR, ASP, CRS, SSC Long & Foster Real Estate 5301 Buckeystown Pike, Suite 250 Frederick, MD 21704
firstname.lastname@example.org Direct: (301) 644-1056 Broker: (800) 221-6094