The easiest way to determine your estimated monthly mortgage payment is by talking to a lender. However, the calculator below can also help point you in the right direction.
There are two main sections on the calculator.
- Purchase Information. This is the price of the home, the down payment percentage, and the length of your mortgage.
- Payment & Qualifying Information. These areas ask questions about monthly association fees, gross income, and current monthly debt.
Once you have filled out the information on the calculator press the submit button to view the results.
There is a lot of information on this page and it’s very easy to get lost. Like I said before, the easiest way to determine your payment is by speaking with a professional.