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.
Call, text, or email us if you would like us to connect you with local lenders.
Valor Group has you covered with buyer resources, for when going through the process of buying your first home.View Resource
Before the offer to purchase is created, you must be at least pre-qualified or, better yet, pre-approved by a lender, unless you are paying cash. Valor Group of Pearson Smith Realty can provide guidance and steps to take in order to make your dream come true.View Resource
Once your offer is accepted by the seller it starts the offer accepted period. You will be asked for a down payment, typically 1% of the purchase price.View Resource
Complete the form below and Valor Group will create you a custom property search. Anytime when we find properties that match your specific criteria we’ll send you an email.View Resource
Thinking about buying? Valor Group provides video resources that cover many of the common questions that most people have during the home buying journey.View Resource