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Rates subject to change without notice
Conforming Loan amounts up to $766,550 | FHA Loan Limits are specific to each Florida County
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If you are planning on buying a home soon, one thing you may be wondering about is all of the options available to you. Mortgage Programs come in all shapes and sizes, and it can be confusing when trying to find the best one for your future home. In order to get the best rate, it’s crucial that you do as much research as you can, including using a mortgage calculator.
Thankfully, we’ve made this process virtually painless with our free mortgage payment calculator below. We want to assist you in making the best decision for your budget. Our mortgage calculator can help you accurately estimate your mortgage expenses so that you can be in charge of your payments.
Principal and Interest
Private mortgage insurance (PMI)
Property taxes and insurance
Appraisal value, Appraisal value is the market value of an asset that is derived from the appraisal process. Depending on the asset, the method used to appraise the asset will differ. For homes, appraisers often use a method that includes recent sales data of comparable homes. They may also use the replacement method, which is the cost to replace the home at today’s prices.
The cash you deposit towards the purchase of home, car, etc. The larger the down payment, the less you are required to borrow.
The period of a loan, generally measured in years. Auto loans generally range from 2 to 5 years. Mortgage loans: 15 to 30 years.
The amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of money.
A tax assessed on real estate by the local government, usually based on the value of the property (including the land) you own.
When your ready to get started on the Home Buying Process, we are Florida Mortgage experts to guide you through the entire process, the first step is getting you pre-approved. You can apply online or you prefer to speak with one of our Florida Mortgage Experts, we would be happy to speak with you. Call or text us at 407-955-4575.