How Much House Can You Afford?
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.
Your best bet is to call your lender. Find someone you trust, and who has great reviews. Also be sure that the lender is licensed in the jurisdiction you are buying in.
Here are some suggestions:
David Toaff, First Home Mortgage
NMLS ID# 1065782
C: 610-348-3772 firstname.lastname@example.org O: 240-479-2309 F: 443-725-9379
7910 Woodmont Ave. Ste 1330 Bethesda MD 20814
www.davidtoaff.com Licensed in DC, MD & VA
Steve Salvatore, Fidelity
7500 Iron Bar Lane, Suite 207
Gainesville, VA 20155
Cell: 703.966-6711 O: 703.466.4035 efax: 703.738.7416
Gregg Busch, First Savings Mortgage
Direct Line - (703) 883-9580
E-Fax - (703) 564-4685
Cell - (202) 256-7777
E-mail - email@example.com
8444 Westpark Drive, 4th Floor
McLean, VA 22102