Mortgage Calculator
Cost of House
Down Payment
Interest Rate
Term of Loan
30 yrs 15 yrs
Interest Only
Payment Information
Total Monthly Payment: $906

Monthly Payment: $822
PMI: $85
Cost of House: $130,000
Down Payment: $0
Amount of Loan: $130,000
Interest Rate: 6.5
Term of Loan: 30
 


It’s a perfect time to buy a home

If you have been waiting to start your new search for a home - don’t delay anymore. The economy has improved and conditions are great for finding and affording the house of your dreams.

It’s a great time to buy a home because:
  • You’re in the driver’s seat. You can get a great deal on a new or existing home.
  • You’ll pay lower taxes. The government encourages home ownership and gives income tax deductions for having a mortgage and paying property taxes.
  • You’ll find what you want. There are plenty of great homes to choose from.
  • You’ll pay less for it. Mortgage interest rates today are near historic lows.
  • Your home will earn money for you. Homes are a good investment and appreciate in value, giving you access to home equity, tax deductible loans for education, retirement, even vacations.
  • You’ll love what you can do in your home, from creating meal masterpieces in a gourmet kitchen to watching movies in a custom home theater. If you can dream it; it’s out there.
It’s a great time to get started.