Loan Details
Loan Information
$
$
%
%
Additional Costs
$
$
$
$
Extra Payments
$
$
Payment Summary
Monthly Payment
$0
Principal & Interest
$0
Property Tax
$0
Home Insurance
$0
PMI
$0
HOA Fees
$0
Total Interest
$0
Total Paid
$0
Payoff Date
-
Interest Savings
$0
Amortization Schedule
| Period | Payment | Principal | Interest | Balance |
|---|
Loan Comparison
Calculation History
Mortgage Tips & Insights
Down Payment
- 20% down payment avoids PMI costs
- Larger down payment = lower monthly payments
- Consider your emergency fund needs
- Some programs allow less than 20% down
Interest Rates
- Shop around for the best rates
- Consider rate locks during application
- Small rate differences = big savings
- Credit score affects your rate
Extra Payments
- Extra payments reduce total interest
- Apply extra to principal only
- Even $50/month saves thousands
- Bi-weekly payments = 13th payment