Loan Details
Monthly Payment
$0
Principal & Interest: $0
Payment Breakdown
Principal & Interest
$0
Property Tax
$0
Home Insurance
$0
Total Monthly Payment
$0
Loan Summary
Loan Amount
$0
Total of Payments
$0
Total Interest Paid
$0
Payoff Date
-
Amortization Schedule
Compare Multiple Loan Options
Enter details for up to 3 different loan scenarios to compare side by side.
Option 1
Option 2
Option 3
Your Home Buying Journey
Follow these steps to navigate the home buying process with confidence.
1
Pre-Approval
Get pre-approved for a mortgage
2
House Hunting
Find your dream home
3
Make Offer
Submit a competitive offer
4
Inspection
Complete home inspection
5
Closing
Finalize the purchase
📋 Pre-Purchase Checklist
💰 Closing Costs Estimator
Loan Origination (1%)
$0
Appraisal Fee
$500
Home Inspection
$400
Title Insurance
$1,000
Attorney Fees
$800
Recording Fees
$150
Estimated Total
$0
💡
Remember: Closing costs typically range from 2-5% of the home's purchase price. Budget
accordingly!
Mortgage Resources & Tips
📚 Understanding Mortgage Types
- Fixed-Rate: Consistent payments
- Adjustable-Rate: Variable rates
- FHA Loans: Low down payment
- VA Loans: Veterans benefits
- Jumbo Loans: High-value homes
💳 Improve Your Credit Score
- Pay bills on time
- Reduce credit utilization
- Don't close old accounts
- Limit new credit inquiries
- Review credit reports
🏠 First-Time Buyer Tips
- Research assistance programs
- Consider all costs
- Get multiple quotes
- Save for emergencies
- Think long-term
Affordability Guidelines
⚠️
The 28/36 Rule: Your monthly housing costs should not exceed 28% of gross income, and
total debt shouldn't exceed 36%.
Quick Affordability Calculator
Max Monthly Housing Cost (28% rule)
$1,867
Max Total Monthly Debt (36% rule)
$2,400
Recommended Max Home Price
$280,000