Mortgage Information
What kind of mortgage is best for me?If you have paid attention to the news, you know that there is a head-spinning array of mortgage products, and not all of them are good. Financing options and rates can vary widely, so it is important to do your research and shop around to ensure you get the mortgage that best meets your needs at the best price. How do I know which mortgage to choose?When you meet with any lender, one peice of paper that you should walk away with is a Good Faith Estimate. I will sit down with you and go over all the costs on that estimate and show you what that will mean to you at closing and through out the life of the loan. We can compare lenders to get the best mortgage for you... Just part of the HomeTeam Advantage! |
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Use the mortgage calculators below to assist you in making some decisions around financing your new home.
Mortgage Qualification Calculator
This calculator will help you determine how much money you qualify to borrow. The results are informal. You will be subject to a credit approval from your financial institution taking into consideration existing debt load, amount of down payment, income and other variables.
Mortgage Payment Calculator & Amortization Table
This calculator will help you determine what your mortgage payments will be based on purchase price, interest rate and mortgage term, as well as other factors. The amortization table shows what the interest and principal payments will be over the term of the mortgage.
