Annualized rate you pay over the life of the loan including all loan fees and costs.
Estimated monthly principal + interest, not including taxes or property ins. Includes est. mortgage insurance if down payment below 20%.
You can either pay points to get a reduced interest rate, or receive credits to help offset your closing costs. Points/credits are added to or subtracted from standard closing costs.
Simplist Mortgage, LLC does not guarantee the accuracy of this rate calculator or any information available on this site. Simplist Mortgage, LLC is not responsible for any errors, omissions, or misrepresentations. Rate information is subject to verification of the borrower’s credit score, assets, income, and debt. Interest rates, pricing and other loan terms are subject to change at any time and without notice. Monthly payments do not include taxes, insurance premiums, or mortgage insurance, – your actual monthly housing expenses will be higher. Additional fees such as HOA dues are not included in monthly payment calculations. We also assume closing costs are paid out of pocket and debt-to-income ratio is below 36%. Your actual rate, payment, and costs could be higher.