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This calculator will help you determine what sales price you can shop around for!
mortgage calculatorMy monthly payment
This mortgage calculator can be used to figure out monthly payments of a home mortgage loan based on the following factors:
- Sale price
- Term of the loan desired.
- Down payment percentage
- Interset rate.
Disclaimer: This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Property taxes has to be accurate as per the county records.
Documents Required
Verbal or written authorization to pull your credit.
- Social Security numbers of all the borrows.
- Copies of last two months’ bank statements (all pages included)
- Most recent paycheck stubs
- W-2 withholding forms, or income tax returns for the past two years to verify your income and proof of employment
- The name and address of someone who can verify your employment
- Residence history for the past two years
- Sales contract for the purchase of a new home
- Homeowner's association information with contact information if property is a condo or part of a homeowner's association
- Desired Home Insurance agent’s contact number.