|
There are many lending institutions that offer a variety of mortgage products. Financing options and rates can vary widely, so it is important to do your research and shop around to ensure you get the mortgage that best meets your needs at the best price. Starting the loan application and pre approval process are two of the most important steps to take when you decide to purchase a home. Over the years I have established great relationships with a few lenders that I trust. They have always done a consistently great job helping my clients. If you are considering purchasing a home, please give one of these lenders a call. A pre approval can be done in a short 10 minute phone call. Tell them Michelle Hackney sent you!
Jerry Holcomb
Eric Harter |
If you're like most buyers, a home is the most expensive purchase you'll ever make, and you'll probably need some form of financing. Use the mortgage calculators below to assist you in making some decisions around financing your new home.
Mortgage Qualification Calculator
This calculator will help you determine how much money you qualify to borrow. The results are informal. You will be subject to a credit approval from your financial institution taking into consideration existing debt load, amount of down payment, income and other variables.
Mortgage Payment Calculator & Amortization Table
This calculator will help you determine what your mortgage payments will be based on purchase price, interest rate and mortgage term, as well as other factors. The amortization table shows what the interest and principal payments will be over the term of the mortgage.