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Find a comfortable monthly payment
When creating your home-buying budget, be sure that your monthly payment is one that you can comfortably afford.
- Keep in mind that your monthly housing costs will be higher than your mortgage payment and will include insurance and property taxes.
- If you are interested in setting aside money each month to cover your annual property tax bill, your lender may be able to help you set up an escrow account for that purpose.
When using the calculators, please keep in mind that the results of any loan calculator computations are not intended to be and should not be considered a decision of, or a commitment to, the loan type or amount for which you may qualify
Note: Please review your options with your loan officer to confirm the validity of these projections. To learn more about the mortgage process or for information regarding rates, preapproval or how to start the application process, contact us at 1-800-873-6577.