If you're like most buyers, a home is the most expensive purchase you'll ever make, and you'll probably need some form of financing.
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 at the best price.
I would be happy to refer you to some very good mortgage contacts I have in East Texas. If you would like to know more about lending opportunities available, Contact me and I can direct you to a lender. This will put you in a better position to make a serious offer on a home you like, knowing that you have already been approved and for what amount of funding. The lender will advise you on this so that you understand how that amount is actually calculated. Income, debt, expenses, property taxes all come into the calculation so that you do not take on a payment that will cause you stress.
Use the mortgage calculators below to assist you in making some decisions around financing your new home.
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.