Whitley Mortgage Associates, Inc. NMLS# 107585
May 28, 2019


1. WHAT IS A REFINANCE OF A HOME MORTGAGE? When a borrower has an existing home loan they may want to: (a) Lower their monthly payment (b) Change their current mortgage in terms of: (i) Years (ii) Interest rate (iii) Changing from an adjustable rate to a permanent rate or vis versa. (iv) Getting cash...
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Mortgage Calculator

Purchase price
Please enter here the amount you expect to pay for a home.
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Down payment
Down payment is cash that you pay upfront for your home.
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Term in years
Number of years you have to pay.
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Interest rate (per year)
The percentage of interest that you will pay on your mortgage for a specific term.
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Property tax
Enter your property tax here if you know it.
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Home insurance
Most lenders require home insurance. Enter its price here.
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PMI is Private Mortgage Insurance which is usually required to pay if your Down payment less than 20%.
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Your total monthly payment


Principal & Interest: $

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