Mortgage Calculator

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Legal Disclosure

Monthly payments shown constitute an estimate and are provided for illustrative and educational purposes only. The calculations provided are based on data entered by the user. The amounts displayed are not guaranteed and what you actually pay may be different.

Results do not reflect all loan programs and are subject to individual program loan limits. This does not constitute an offer for a mortgage and is not a commitment to lend nor is it an advertisement for the above interest rate, loan terms or payment. Contact a Loan Officer for assistance.

Legal Disclosure

Monthly payments and interest rate shown constitute an estimate and are provided for illustrative and educational purposes only. The calculations provided,including the displayed interest rates, total cost of the mortgage, and monthly payment amounts, are estimates based on data entered by the user. The amountsdisplayed are not guaranteed, and what you actually pay may be different, as your mortgage payment and interest rate will depend on factors like your mortgage product, collateral, and credit history. Additional taxes, insurance, and other fees or charges may apply.

Results do not reflect all loan programs and are subject to individual program loan limits. This does not constitute an offer for a mortgage and is not a commitment to lend, nor is it an advertisement for the above interest rate, loan terms, or payment. Contact a Loan Officer for assistance.

How to Calculate Your Mortgage Payments

Calculating your mortgage payments may seem complicated at first. There are a lot of factors to consider when you start trying to figure out your mortgage. Each person has their own unique circumstances and financial goals to think about as you plan for your future. Our mortgage calculator can simplify the process and help take some of the guesswork out of planning for your new home.

Costs Included in a Mortgage Payment

Will I Be Penalized for Paying Off My Mortgage Early?

Purchasing a home comes with a bittersweet mix of excitement and overwhelm. Although the sheer size of your mortgage loan makes you think paying it off is nothing more than a pipe dream, you begin to see that early repayment may mean sizable cost savings. But paying off your mortgage loan early can potentially expose you to specific penalties.

This post defines mortgage prepayment penalties and the costs and effects you may face should you consider paying off your mortgage loan early. Keep reading to find out the answers to the following common questions:

  • Does it make sense to pay off my mortgage early?
  • What are mortgage prepayment penalties?
  • How much will mortgage prepayment penalties cost me?
  • How can I avoid mortgage prepayment penalties?
Understanding Your Mortgage Calculator Results

Will I Be Penalized for Paying Off My Mortgage Early?

Purchasing a home comes with a bittersweet mix of excitement and overwhelm. Although the sheer size of your mortgage loan makes you think paying it off is nothing more than a pipe dream, you begin to see that early repayment may mean sizable cost savings. But paying off your mortgage loan early can potentially expose you to specific penalties.

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