As you start taking the first steps toward homeownership, it’s important to have an understanding of what your monthly house payment might be, so you can best prepare for what’s ahead. The amount you’ll pay is dependent on your home price, down payment percentage, loan type, and interest rate. Use the calculator below to estimate your costs.
Mortgage Term Length*
Mortgage Term Length Required
**Assumptions. You are purchasing a single family home and primary residence. Rate is fixed. Debt-to-income ratio is less than 41% and excellent credit. These assumptions are subject to change without notice.
Principal & Interest
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*This mortgage calculator is for illustrative purposes only and is not a guarantee. The monthly payment illustraion on this tool does not include amounts for property taxes, insurance premiums, homeowner’s association dues, or other factors that potentially could effect your monthly payment. Therefore, your actual monthly payment will be higher. Interest rates change frequently and without notice. Finacing availability and terms will depend on your situation.
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