MORTGAGE CALCULATOR Tell us about the house you're interested in, and we'll tell you approximately how much cash you'll need at closing:
Complete the fields above to determine approximately how much cash you would need in order to purchase a particular property.TAB or mouse-click between fields as you enter data, then click the "Calculate" button.
Closing costs are based upon an average of customary closing costs around the nation and include a 1% origination fee. Your actual closing costs will reflect upon the common costs to your area and may vary according to the specific product type you've selected.
Pre-paid expenses include 30-days pre-paid interest and two months escrow for taxes, homeowners insurance and private mortgage insurance, if applicable. Actual pre-paid expenses may vary according to closing date and property location. Reserves are funds available to borrower after closing and do not have to be paid to the lender.