Your Mortgage Calculator and
Highly Rated Lenders
Keep in mind monthly rents are about $200-$300 more a month when compared with a monthly mortgage payment! Closings can be done between 30-45 days and the first payment is due in usually a month and a half after you've purchased. Buying a home may be a lot easier and affordable than you think! Give me a call 757-971-3574. When it is your home they are your rules, but when renting it is their rules! Check out the payment amounts and then visit my Homes For Sale Virginia Beach and Norfolk site at www.CarlosCardo.com .. Give me a call and lets pick out a few homes to see!
*NOTE: VA LOANS ARE NO MONEY DOWN, NO PMI AND USUALLY HAVE THE CLOSING COSTS PAID BY SELLER!
This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.
Have a general question? Ask a Lender!
** Our Military Veteran Clients may receive up to $2,500 to be used towards their purchase (Where permitted by the V.A. and State Law-excluding Foreclosures and Shortsales) Must not have a current agreement with another agent and sign directly with Carlos Cardo Home Team as a new client:
Up to $175,000 is $750
$176,000 to $250 is $900
$251,000-$350,000 is $1,200
$351,000-$40,000 is $1,500
$401,000-$500,000 is $2,000
Greater than $500,000 is $2,500