Monday Morning Mojo: Local Mortgage Calculator…
A common question that I’m asked when working with buyers is, “What would my payment be?” It’s pretty easy to find a basic mortgage calculator, but in reality one’s payment calculations should also factor in taxes and insurance in order to compare, for example, rent vs. owning.
A lender who has done an excellent job for our clients over the years, Leon McKean with Academy Mortgage, shared this helpful payment calculator that factors in taxes and insurance, as well as up-to-date market interest rates in order to give a better idea of how much payments would be at a given price point. It’s a pretty handy little app that saves time and guesswork!
Here’s the link to download the free app: http://myamc.co/dpyst
As always, let me know if there’s any way I can help you with your home buying or selling goals!
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