What will my monthly payment be?

Fill in the total loan amount, down payment, interest rate and number of years, then click "Calculate".

Mortgage Calculator
Total Price
Down Payment
Principal Loan Balance: $199,000
Annual Interest Rate: %
Mortgage Length in Years:
Est. Monthly Payment: $1,193.11

Payments are estimated, and should be verified with your lender. Your actual monthly payment will include additional items including but not limited to insurance and taxes.


Mortgage Information

Q: What must you do before you set out to buy a home?

A: Find out how much you can borrow and get a pre approval letter from a lender. This enables you to look for a home in the price range that you can afford; don't confuse what you are qualified to borrow with what you can afford.

 You may qualify for $300,000, and a monthly payment of $1800; but are you happy with that amount as a payment?

Work with a lender who is working for you, to get the best loan for your circumstances.

 

I am happy to recommend Carolyn Rice at Bremer Bank. She will work on your behalf to find the right loan for you. Call her at : 651 486 3248

 

I am also happy to recommend Wendy Nelson at Wells Fargo Home Mortgage. She will also work to find you the right loan. Call her at: 612 667 6572.