Richard Dils Real Estate

Equal Monthly Payment per $1,000 

The following table lets you figure out your mortgage payment. Multiply the dollar amount in a box by the number of thousands in the mortgage.

Rate 10 years 15 years 20 years 25 years
30 years
4 1/4 10.25 7.53 6.20 5.42 4.92
4 3/8 10.31 7.59 6.26 5.49 5.00
4 1/2 10.37 7.65 6.33 5.56 5.07
4 5/8 10.43 7.72 6.40 5.63 5.15
4 3/4 10.49 7.78 6.47 5.71 5.22
4 7/8 10.55 7.85 6.54 5.78 5.30

5%
$10.61  7.91  $6.60  $5.85  $5.37 
5 1/8 10.67 7.98 6.67 5.92 5.45
5 1/4 10.73 8.04 6.74 6.00 5.53
5 3/8 10.80 8.11 6.81 6.07 5.60
5 1/2 10.86 8.18 6.88 6.15 5.68
5 5/8 10.92 8.24 6.95 6.22 5.76
5 3/4 10.98 8.31 7.03 6.30 5.84
5 7/8 11.04 8.38 7.10 6.37 5.92

6%
$11.11 $8.44 $7.17 $6.45 $6.00
6 1/8 11.17 8.51 7.24 6.52 6.08
6 1/4 11.23 8.58 7.31 6.60 6.16
6 3/8 11.30 8.65 7.39 6.68 6.24
6 1/2 11.36 8.72 7.46 6.76 6.33
6 5/8 11.42 8.78 7.53 6.84 6.41
6 3/4 11.49 8.85 7.61 6.91 6.49
6 7/8 11.55 8.92 7.68 6.99 6.57
7% 11.62 8.99 7.76 7.07 6.66
7 1/8 11.68 9.06 7.83 7.15 6.74
7 1/4 11.75 9.13 7.91 7.23 6.83
7 3/8 11.81 9.20 7.98 7.31 6.91
7 1/2 11.88 9.28 8.06 7.39 7.00
7 5/8 11.94 9.35 8.14 7.48 7.08
7 3/4 12.01 9.42 8.21 7.56 7.17
7 7/8 12.07 9.49 8.29 7.64 7.26
8% 12.14 9.56 8.37 7.72 7.34
8 1/8 12.20 9.63 8.45 7.81 7.43
8 1/4 12.27 9.71 8.53 7.89 7.52
8 3/8 12.34 9.78 8.60 7.97 7.61
8 1/2 12.40 9.85 8.68 8.06 7.69
8 5/8 12.47 9.93 8.76 8.14 7.78
8 3/4 12.54 10.00 8.84 8.23 7.87
8 7/8 12.61 10.07 8.92 8.31 7.96
9% 12.67 10.15 9.00 8.40 8.05

Click here to find out how much house you can really afford.

Click here for a really complete financial calculator


Following is a list of information you will need when you apply for a loan.

* The information needed at the time of your loan application
will vary depending on the Lender.

1.
Social Security number of all applicants
2. Residence addresses for the past two years (If renting include Landlord's address)
3. Name & Address of each employer in the last two years
4. Recent paystubs & previous two years W-2 statements
5. Names, Addresses, Account #'s, Balances for all checking & savings accounts stocks & bonds
6. Names, Addresses, Account #'s, Balances & Monthly Payments for all open loans
7. Lender, Loan amount, Balance, Account # for any Real Estate owned
8. Money for credit report & appraisal

Check your credit.

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demographics and much more...




 

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