You can print OR share a custom link to your mortgage calculation, with all your numbers already pre-filled, with your friends & family.All extra payments pay down the principal and help reduce the loan tenure.Bi-weekly payments (aka 'Accelerated Bi-weekly', 'True Bi-weekly' or 'Bi-weekly applied bi-weekly') help reduce your total interest cost and accelerate mortgage payoff.One-time expenses can include closing costs (including discount points) and any money spent on one-time repair or renovation of the property.You also have the choice of entering exact dollar amounts instead, if desired. You can enter down payment, one-time expenses, property taxes and homeowners insurance as a percentage of the home value and PMI as a percentage of the mortgage amount.Although you may not pay property taxes and insurance on a monthly basis, it is factored into the total monthly payment with the assumption that you are setting aside this amount (through escrow / impound account or some other means) every month.You should override and enter your own estimates, if required. These averages may not be accurate for your particular situation. PMI, property taxes and homeowners insurance (aka hazard insurance OR home insurance) are defaulted to national averages in the US.The actual PMI is based on your loan-to-value (LTV), credit score and debt-to-income (DTI) ratio. Private Mortgage Insurance (PMI) is calculated only if down payment is less than 20% of the property value (i.e., loan-to-value ratio is higher than 80%) and stops as soon as the outstanding principal amount (balance) is less than or equal to 80% of the home value.You should take into account loan limits on conventional loans set by FHFA.If you are refinancing your loan, you should treat the down payment amount as the equity you own in your home.
#Loan rates calculator mobile home free#
Mortgage Loans, Home Equity Loans, and HELOCsĬall (307) 745-4726 for more information about rates and terms.This free mortgage calculator helps you estimate your monthly payment with the principal and interest components, property taxes, PMI, homeowner’s insurance and HOA fees. Maximum rate that can be charged is up to 18.00%. Overdraft Protection loan rate is 15.00%. Loan Calculator Overdraft Protection Loan Rates Any large loan amounts may be negotiated but must be approved by credit union management. Maximum term limits on a mobile home will be 10 years (120 months). Used Mobile Homes are those no older than 15 years.Īll FICO scores under 650 will be determined on a case-by-case basis. Used Mobile Homes add 7.00% to FICO rate. Lending is secured at 2.00% above the rate the account is earning. Maximum rate that can be charged is 18.00%. Personal Loans add 4.00% to above FICO rates. Loan Calculator Personal & Miscellaneous Collateral Loan Rates Purchases and 1.25% for used purchases as collateral. Recreational Vehicle Loans use rates of above FICO chart with an additional 0.75% to the rate for new * Rate will increase 0.25% for each year over 5 years. These will be handled on a case-by-case basis. Used Recreational Vehicles (90% Financing)Ĭampers and Motorhomes: The above rates apply but the term can be negotiated on loans over $30,000.00 up to a maximum of 120 months. New Recreational Vehicles (100% Financing) Loan Calculator Recreational Vehicle Loans Rates Loan Value * 84 Month (7 Year) financing will be available on loans $35,000.00 and above. *Annual Percentage Rate Current Auto and Recreational Vehicle Specials* The following table is merely a guide to help you plan for a consumer loan: FICO Score Look at our monthly Focus our current LOAN SPECIALS! If you are interested in fixed rate and variable rate home mortgage loans, please contact our Loan Department at (307) 745-4726 / fax number (307) 745-7389. All rates are annual percentage rates (APRs) based on your FICO credit score and the length of the lending term.