Mortgage Calculator

Florida Buyer Broker

Licensed Real Estate Buyer Broker

1-800-283-7393

To use the simple mortgage calculator below. Type in the current interest rate and home price. The rate you actually obtain from a lender will also depend upon your credit rating. The numbers below do not reflect current rates which are in the 7.5% to 7.75% range as of October 2023. Primary home buyers typically pay 3% down and 2nd home buyers pay 10% to 20% down. New homes have lower insurance rates, however, add $500 to $1,000 to the number below. Many factors are considered when obtaining a loan. The calculator below will provide a sample of an estimate, the numbers cannot be relied upon. We are not mortgage brokers or lenders. Call now for new home buyer consultation 1-800-283-7393. 

Calculate Mortgage Payment Amounts for New Home Buyers