Payment Calculator

Here’s an easy way to estimate your expected mortgage payments, just enter the specifics below in this handy mortgage payment calculator:

The Lending Coach Mortgage Calculator

Purchase price

Please enter here the amount you expect to pay for a home.

Down payment

Down payment is cash that you pay upfront for your home.

Term in years

Number of years you have to pay.

year(s)

Interest rate (per year)

The percentage of interest that you will pay on your mortgage for a specific term.

Property Tax

Enter your property tax here if you know it.

per year

Home Insurance

Most lenders require home insurance. Enter its price here.

per year

PMI

PMI is Private Mortgage Insurance which is usually required to pay if your Down payment less than 20%.

A few suggestions….

For property tax in California, use 1.25% of the purchase price for an estimate
For property tax in Arizona, use .8% of the purchase price for an estimate
For homeowner’s insurance in Big Bear or the surrounding San Bernardino mountain areas, use $1,250 per year for an estimate
For homeowner’s insurance in all other areas, use $950 per year as an estimate

Please do reach out to me if you have any questions:

Phone: (AZ) 480.788.2658
Phone: (CA) 909.375.3319
Email: [email protected]

© 2022 American Pacific Mortgage Corporation (NMLS 1850). All information contained herein is for informational purposes only and, while every effort has been made to ensure accuracy, no guarantee is expressed or implied. Any programs shown do not demonstrate all options or pricing structures. Rates, terms, programs and underwriting policies subject to change without notice. This is not an offer to extend credit or a commitment to lend. All loans subject to underwriting approval. Some products may not be available in all states and restrictions apply. Equal Housing Opportunity. For licensing information go to: www.nmlsconsumeraccess.org.

This is not a commitment to lend. Prices, guidelines and minimum requirements are subject to change without notice. Some products may not be available in all states. Subject to review of credit and/or collateral; not all applicants will qualify for financing. It is important to make an informed decision when selecting and using a loan product; make sure to compare loan types when making a financing decision.

Any materials were not provided by HUD or FHA. It has not been approved by FHA or any Government Agency. This site is not authorized by the New York State Department of Financial Services. No mortgage loan applications for properties located in the state of New York will be accepted through this site.

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