Loan Type Rate % Points 30 yr Conform. 5.875 1.000 30 yr Jumbo 6.750 1.000 5 yr ARM C 5.375 0.000 7 yr ARM J 6.125 0.000   C = Conforming   J = Jumbo

process | faq | glossary | calculators

As a service to our customers, the following calculators are provided to help you assess your real estate financing needs. Feel free to use these calculators as often as you like. Should you have any questions or need assistance, we encourage you to contact our Loan Advisors who are always available to help.

1. Mortgage Payment Calculator: How much will my mortgage payments be?
This simple calculator calculates your monthly payment and total interest paid over the term of the loan based on your input.

Loan Term in Years:  Interest Rate (%): Loan Amount: $ Monthly Payment:

2. Affordability Calculator: How much can I afford?
This calculator generates an estimated debt to loan ratio to determine if you meet certain loan requirements. Most lenders prefer a debt ratio below 40. Enter the total pre-tax monthly income of all borrowers. Enter the total monthly financial obligations of all borrowers. Include minimum monthly payments of all accounts that will not be paid off in less than 10 months to calculate your monthly obligations. Enter expected mortgage rate and term and loan amount.

(Note: This calculator works only for first loans that are below a loan to value of 80%. However, for those who qualify, there are first and second mortgage combinations available up to a LTV (loan to value) of 95%. Please contact one of our Loan Advisors for further information.)

Loan Term in Years: Interest Rate: % Purchase Price: $ Loan Amount: $ Gross Monthly Income: $ Minimum Monthly Consumer Debt: $ Property Taxes/mo: $ Property Insurance/mo: $ Monthly Payment: $ LTV-Ratio: % Housing Ratio: %

3. APR Calculator: What is the APR on this Loan?
This APR Calculator can be used to estimate the Annual Percentage Rate for a loan based on input parameters. There are various ways that companies compute APR. Mortgage Loan Fees may include Appraisal, Credit Report, Processing, Document Preparation, Administration, Underwriting, Flood Certificate, Tax Service, Wire Transfer, and other fees. (This APR Calculation assumes 15 days of Prepaid Interest)

Loan Amount: $ Interest Rate: % Loan Term in Years: Points: Non-Recurring Closing Costs: $ APR: %

 

* Rates quoted at the beginning of the day indicated. Rates based on qualifying income, assets, and credit rating. Subject to market fluctuations.