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Mortgage temporary rate buydown calculator

​​Some tips when using an online mortgage calculator to estimate a monthly payment

For a more accurate estimate it's always better to contact us to discuss your personal

scenario and the factors that can affect your monthly payment

 

  • Nearly all lenders use 1.25% of the sales price to estimate property taxes on a California home purchase.  Each county property tax district will have different factors used to calculate annual property taxes--see my article on property tax tips for more info.

  • Home insurance can also vary based on property location and amenities like home size, age, construction type, roof age, etc.  Urban subdivision homes will typically have a much lower annual home insurance premium compared to a home located in a higher fire risk area like the California foothills or mountains.​  Always seek a quote from a licensed insurance agent ASAP to dial in an annual home insurance premium.

  • Conventional PMI can also vary based on a home buyer's credit score, down payment, debt ratio and property type.  Any amount listed here is an estimate and can be lower or higher based on your unique qualifying criteria.  

Lend4less.com NMLS #1395260 
Dennis Hughes NMLS #178729
CA Dept of Real Estate -
Real Estate Broker ID #01001409
Colorado MLO.100511559

NMLS Consumer Access

California Dept of RE License Lookup

 

PO Box 1859

2209 Hartvickson Lane

Valley Springs, CA, 95252    

Call Now : 209-602-4900 

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