# Calculators

Our calculator tool helps your better understand your budget and home eligibility by giving you an estimated monthly payment based on purchase price, current loan rates, and loan terms.

The selling price of the property.
The percentage of your home's purchase price that is paid upfront.
%
The interest rate your banking establishment charges for use of their assets.
The number of years.
• Total payments {{ months }} monthly payments
• Down payment ({{ upfront }}%) {{ toCurrency(down, 0) }}
• Principal {{ toCurrency(loan, 0) }}
• Total interest paid {{ toCurrency(interest, 0) }}
• Total mortgage cost* {{ toCurrency(total, 0) }}
• *Estimated, not including taxes and insurance.
• ###### PMI

* The figures shown are estimates and are subject to change based on a more thorough review of your needs, choices, and credit history. The payments shown do not include other expenses you will incur as a homeowner; such as taxes and insurance. For an even more accurate quote, contact a loan officer.

The default interest rate is the Freddie Mac Weekly National Average for a 30-year conventional mortgage as of 01/25/2024.

Actual figures will vary based upon market conditions and a more thorough review of your needs, loan choices and credit history. Please note that the interest rate is different from the Annual Percentage Rate (APR), which includes other expenses such as mortgage insurance, and the origination fee and or point(s), which were paid when the mortgage was first originated. The APR is normally higher than the simple interest rate. The payments shown do not include other expenses you will incur as a homeowner; such as taxes and insurance. This is an estimate. For a more accurate quote, speak with a loan officer. This calculator is a tool and is not intended as an advertisement.

## Refinance Calculator

Considering refinancing your home? Input your numbers here to learn how a refinance could affect your current mortgage.

Current Loan
Enter the remaining balance of your current loan.
Your current term is the number of months originally set by your lender to pay off your existing mortgage.
%
Enter the current interest rate on your home loan.
yrs
New Loan
%
yrs
• Current
New
• ###### Costs

*The figures shown are estimates and are subject to change based on a more thorough review of your needs, choices, and credit history. The payments shown do not include other expenses you will incur as a homeowner; such as taxes and insurance. For an even more accurate quote, contact a loan officer.
NOTE: Refinancing an existing loan may result in finance charges being higher over the life of the loan. Reduction of payments may reflect a longer term.