This calculator is intended solely for general information and education purposes. You should not take any action on the basis of the information provided through this calculator. It is not intended in any way as investment, financial, securities, insurance, tax or legal advice or services. You should consult with your own financial, tax and/or legal advisors for advice regarding your personal circumstances.
The computations performed by this calculator are based on information and assumptions provided by you. Actual results may be different. In addition, the calculator does not take into account all of the factors that may be relevant to your decision-making. We do not guarantee the accuracy of any information available through the calculators and are not responsible for any errors, omissions, or misrepresentations.
This calculator does not have the ability to pre-qualify you for any loan program. Qualification for loan programs may require additional information such as credit scores and cash reserves which is not gathered in this calculator. Information such as interest rates and pricing are subject to change at any time and without notice. Additional fees such as HOA dues are not included in calculations. All information such as interest rates, taxes, insurance, PMI payments, etc. are estimates and should be used for comparison only.
Please remember that we don’t have all your information. Therefore, the rate and payment results you see from this calculator may not reflect your actual situation. Some products may not be available in all states. Some Jumbo products may not be available in all states and/or counties. We assumed that closing costs are paid out of pocket, that this is your primary residence, it is a single family structure, the debt-to-income ratio is <30% and your credit score is >720. Assumptions also include an escrow account for the payment of taxes and insurance. If the Loan to Value (LTV) is >80%, Private Mortgage Insurance (PMI) will be added to your monthly mortgage payment, with the exception of Military/VA loans, as they do not require PMI.