This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment.
* SAMPLE PAYMENTS ARE BASED ON 4.988% FIXED, 5.068% APR, CONVENTIONAL 30-YEAR WITH 3% DOWN AS OF 08/16/22 WITH A 680+ CREDIT SCORE. AMOUNT SHOWN DOES NOT INCLUDE TAXES AND INSURANCE. ACTUAL PAYMENT OBLIGATION WILL BE GREATER. PAYMENT INFORMATION PROVIDED BY THE TEXAS LOAN COMPANY, NMLS #1855452. THE TEXAS LOAN COMPANY IS NOT AFFILIATED WITH CONAWAY HOMES SALES AND IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY. CONTACT RYAN SURRATT, NMLS #1750543 AT RYAN@TEXASLOCO.COM TO FIND OUT MORE ABOUT PROGRAMS TO SUIT YOUR NEEDS. THE TEXAS LOAN COMPANY IS AN EQUAL OPPORTUNITY LENDER (WWW.NMLSCONSUMERACCESS.ORG 877-314-1499). THE TEXAS LOAN COMPANY IS LICENSED IN TEXAS. INTEREST RATES AND PRODUCTS ARE SUBJECT TO CHANGE WITHOUT NOTICE AND MAY OR MAY NOT BE AVAILABLE AT THE TIME OF LOAN COMMITMENT OR LOCK-IN. BORROWERS MUST QUALIFY AT CLOSING FOR ALL BENEFITS.
THE TEXAS LOAN COMPANY: 903-882-5626, TEXASLOCO.COM
Current interest rates courtesy of Zillow. See more mortgage rates on Zillow.