Mortgage Calculator Tools
How much buying power do I have?
A mortgage calculator will provide you with an estimated monthly payment. This will help in your decision process when buying a home. You must consult with a mortgage loan officer to determine the exact amount of buying power you have. Your mortgage loan analysis will include your income, debt, assets, employment, credit worthiness, and other factors.
Contact David Rainey and Your At Home Team with any questions you may have. Use our Home Finder form to tell us what you're looking for and we'll get back to you with listings that meet your specific criteria.
The calculator below is a tool and, as such, should be used for information purposes only. Use our Rent vs Buy calculator to determine if home ownership is right for you. Always take into account the tax savings of owning a home.
This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.