Mortgage Information
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Your home is the most expensive purchase you'll ever make, and financing is an intregral put of the process.
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. The interest rates are different with the number of years and the institutions you inquire with. "Points" and "Down Payment" are also variables. I would be happy to refer you to some very good mortgage contacts I have in the Wisconsin Rapids area, or to help you in any other way I can to secure the best possible rate for your home purchase. Remember to ask for a Truth In Leading Statement which itemizes all your expenses and look at 10 years, 15 years and 30 year options with regard to interest and payments over the length of the mortgage. Shopping for a mortgage is the second most important decision with picking a REALTOR, i.e., ME(715-451-1537) first. |
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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.