View Loan Assumptions
Rates subject to change without notice
Conforming Loan amounts up to $726,200 | FHA Loan Limits are specific to each Florida County
Check to See Florida FHA loan limits here
If you are planning on buying a home soon, one thing you may be wondering about is all of the options available to you. Mortgages come in all shapes and sizes, and it can be confusing when trying to find the best one for your future home. In order to get the best rate, it’s crucial that you do as much research as you can, including using a mortgage calculator.
Thankfully, we’ve made this process virtually painless with our free mortgage payment calculator tool. We want to assist you in making the best decision for your budget. Our mortgage calculator can help you accurately estimate your mortgage expenses so that you can be in charge of your payments.
Principal and Interest
Private mortgage insurance (PMI)
Property taxes and insurance
Appraisal value, Appraisal value is the market value of an asset that is derived from the appraisal process. Depending on the asset, the method used to appraise the asset will differ. For homes, appraisers often use a method that includes recent sales data of comparable homes. They may also use the replacement method, which is the cost to replace the home at today’s prices.
The cash you deposit towards the purchase of home, car, etc. The larger the down payment, the less you are required to borrow.
The period of a loan, generally measured in years. Auto loans generally range from 2 to 5 years. Mortgage loans: 15 to 30 years.
The amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of money.
A tax assessed on real estate by the local government, usually based on the value of the property (including the land) you own.
When you’re calculating your home mortgage budget, it’s very important that you have a set budget and search for a mortgage that fits within your financial guidelines. While you may find a bank or financial institution that’s willing to give you a loan for your home, the amount of interest they charge can make your payment jump significantly. The importance of knowing your mortgage rate and how it will affect your overall payment is imperative.
Our mortgage calculator is here to help simplify the process of choosing the best mortgage for you. It helps you understand what factors affect your mortgage payment so that you can be confident in your choice of mortgage. It will help you understand how large of a home you can afford or how a mortgage refinance will affect your budget.
Using our calculator could not be easier. You simply need to input your information into each section of the calculator, and the Calculator does the work. It is as simple as that!
You will need to input the following information when using the mortgage calculator:
You can mix and match different variables based on the loan options you are considering. You can use this calculator as often as you need in order to get the most accurate idea of what your mortgage interest is going to cost. It couldn’t be easier!
Fidelity Home Group | The Villages FL
4076 E, FL-44, Wildwood, FL 34785
Hours of Operation:
Monday - Friday 8am to 7pm EST
Saturday - Sunday 10am to 6 pm EST
DISCLAIMER: The Villages is a federally registered trademark of the Holding Company of The Villages, Inc. Fidelity Home Group, a mortgage corporation, is not affiliated with, or sponsored by, the Holding Company of The Villages, Inc. or its affiliated entities. All references to "The Villages" on this website primarily refer to The Villages Community known as The Villages Florida.