Mortgage Calculator

To find the right mortgage for your financial situation, use our mortgage calculator as a guide to figure out your estimated monthly payments, interest and principal rates, and the length of the mortgage.

Generally, a mortgage payment consists of PITI: Principal, Interest, Taxes, and Insurance. Principal is the monthly payback of the loan amount; Interest is the monthly payment of the cost to borrow the principal amount; Taxes consist of Real Estate taxes, which is paid to a local government agency; and Insurance deals with Homeowners insurance and any mortgage insurance (paid to protect the mortgage company). Buyers should also be aware that there are many types of mortgages, two of the most popular mortgages are: fixed and adjustable. Fixed mortgages have fixed interest rates and terms (e.g., 15 or 30 years). Principal payment and interest won't change during the term, and both the interest rate and term are determined at the beginning of the mortgage. Adjustable mortgage rates, or ARM, are different from fixed mortgages in that the interest rate will go up or down depending on the current interest rate levels. The same can be said about the monthly principal and interest payments.












* (30 years = 360 months, 25 years = 300 months, 20 years = 240 months) Please use any above calculated results as a guide. Receive the actual payment schedule from your lender in writing. This calculator works only if your browser supports Javascripts.

Your Real Estate Experts in Atascadero, California

Jeff and Betty Stelzl, Local Real Estate Expert in Atascadero California
Jeff and Betty Stelzl
CA# 00772250, CA# 00782530
Betty: (805) 674-0643
Jeff: (805) 674-0642
Office: (800) 747-6075 EXT. 37 OR 39
LET US HELP YOU FIND YOUR DREAM HOME! NEW HOMES AND COUNTRY ESTATES, RESIDENTIAL, COUNTRY, AND EXECUTIVE HOMES, RANCHES, FARMS, AND ACREAGE SMALL OR LARGE VINEYARDS
Local Atascadero Real Estate Company
Berkshire Hathaway HomeServices Hallmark Realty
800 11th Street
Paso Robles, CA 93446
Copyright 2018 BHH Affiliates, LLC. An independently owned and operated franchise of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, INC.* Equal Housing Opportunity