what’s my payment?

Your mortgage payment can vary dramatically based on down payment amount versus sales price, interest rate, duration and total loan amount.  In most cases if you put less than 20% down on a home, you will be required to pay for mortgage insurance.  The rates for this insurance are determined by the loan-to-value (loan amount divided by sales price), the product amortization period (i.e. 30 years is more expensive than 15 years), and your credit score among other things.  Rates will vary significantly based on these factors, so please contact your loan officer for accurate quotes.  Additionally, your payment will also include real estate taxes and homeowner’s insurance which are based primarily on home value and county.

Amortization Calculator
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Disclaimer

Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed. Supreme Lending does not guarantee the accuracy of any information available on this site, and is not responsible for any errors, omissions, or misrepresentations.

This calculator does not have the ability to pre-qualify you for any loan program. Qualification for loan programs will require additional information such as employment, credit scores, assets, residency history and more, which is not gathered in this calculator. Information such as interest rates are subject to change at any time and without notice. Additional fees such as taxes, insurance, mortgage insurance premiums, HOA dues, etc. are not included in calculations. All information such as interest rates, payments, etc. are estimates and should be used for comparison only. Supreme Lending does not guarantee any of the information obtained by this calculator.

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