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Loan Calculator |
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*Mortgage Insurance
It is a common misunderstanding that mortgage insurance is
required on all loans over 80%. There are however, instances
where it is not required. Please contact us to find out
if this option is available to you.
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Mortgage Loan Payment Calculator Instructions
Please call for current interest rate. If you do not know the
current tax rates for the property you are looking to purchase or
refinance, the following links may help.
Travis County
Tax Records
Williamson County
Tax Records
All other Texas Counties
- Subtract your estimated down payment from the property price
and enter the value in "Loan Amount" (Remember that if the down
payment is less than 20% of the sale price you may have the added
expense of Mortgage Insurance which is not figured into this calculation*.)
- Enter the current interest rate.
Contact us to find that out!
- Estimate Annual Tax and Insurance and enter these values
(use the links shown above for more accurate tax rates.) Contact
your insurance provider for current rates.
- To test the effect of different loan periods try alternatives
to the default of "30" years.
- Each time you change a value hit "Calculate Now" to see what
the effect is.
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