Our Mortgage Calculator is one of the most accurate home loan calculators you will find. Unlike most other calculators on the web, our payment includes the cost of PMI based on your score and the amount of down payment. If you are putting less than 20% down and have just "Average" or "Good" credit, PMI can add significantly to your monthly cost and this should be included in any calculation when considering a home purchase.
To compare our ZeroPMI mortgage, please click here:
We have included an FHA payment calculation for a side by side comparison so you can better understand your home loan options. If you would like to compare an FHA loan with our ZeroPMI loan alternative you can access our comparison calculator here:
ZeroPMI vs FHA
Typically, FHA interest rates are lower than Conventional mortgage interest rates so we use a lower starting rate when comparing the two loan types. You can change the rate as needed. The starting rates and APRs are based on recent average rates and costs from national lenders, are subject to change and may not be available at the time of your application.
Simply select your credit level and change the loan details to match your personal situation for a side by side loan comparison.
We hope you find this tool useful but if you have any questions or would like a precise payment quote based on a specific home, please do not hesitate to call us or contact us here:
Contact Boulevard Mortgage