As RE/MAX real estate agent, Darin Kerr can assist you through the entire process of purchasing Lake Gaston real estate, beginning with mortgage calculation and continuing through to closing. He can provide resources for you to find the best interest rates and terms, suggest local area mortgage lenders, closing attorneys, title and home insurance agencies, movers, and more.
However, there is some work to be completed on your end prior to beginning the process. You should start first by obtaining your credit report and FICO score. If your FICO score needs to be hire, it's best to improve it prior to contacting a lender. The higher your FICO score, the better interest rate you can get from a mortgage lender. You can get this information on-line, or Darin can also assist you. Shop around to determine which lender will give you the best interest rate. Be sure to ask if there are any hidden fees, such as points associated with the loan, or any private mortgage insurance (PMI) requirements that could increase your mortgage payments.
The calculator provided below is a simple calculator that does not take into account any amount that may be required to be kept for escrow, real estate taxes, PMI or home owners insurance which may be required by some financial institutions. By clicking on AMORTIZE a table will display with principal and interest payments based on the calculated data entered.
To use the Quick Mortgage Calculator below, you must have Java enabled within your browser, and pop-up blockers disabled in order to view the Amortization results - or simply click on the CTRL key while clicking on AMORTIZE.