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FAQ’s, Form & Applications
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How Much Can You Afford?
A mortgage calculator is a springboard to helping you estimate your monthly mortgage payment and understand what it includes.
Here’s how it works:
- Take your purchase price, for example $200,000 and multiply it times 80% (since your down payment is 20%). Enter that loan amount ($160,000) in the Mortgage amount section.
- Enter 11.9 in the Interest Rate section
- Enter 30 in the Interest Term section
Your monthly principal and interest payment will automatically calculate at the top under Monthly Payments.
*Please note this amount does not include taxes and insurance.
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Schedule Consultation
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Buyer Consultation
1hr | Free
Schedule your free consultation today to learn more about purchasing a home through Owner Finance.