How To Use
The mortgage calculator is provided to help you with general information regarding a mortgage to purchase a home. The results returned by this calculator should only be used as one of many factors in evaluating your options.
This calculator returns information based on your inputs regarding the purchase of a home and it is only an estimate. Actual costs to purchase and finance a home may vary. Your mortgage company may use different information to determine mortgage eligibility and your individual results may vary from the results shown by this calculator.
These results have been calculated based on your inputs. Your mortgage company may consider additional factors in determining actual costs (i.e., closing costs, interest rate, etc.) and your eligibility for a mortgage.
Please save this information (as a PDF document) or email it to yourself, so that you may have it as a reference when you speak with your mortgage company or real estate professional.
Every situation is different. The results shown below do not include the cost of Mortgage Insurance (MI), which may be required. Contact your mortgage company to determine your exact results and qualifications.