Last updated on August 6th, 2018 at 01:46 am
What the Mortgage Calculator Does
The calculator allows you to estimate your mortgage payments by entering:
- the total cost of the home,
- a down payment amount,
- an interest rate (fixed rate),
- the amortization period,
- a payment period; either monthly, bi-weekly, or weekly.
What Can I Afford?
Use the simple mortgage calculator below to figure out how much you can afford. There are many variables that go into calculating mortgage payments. Please only use this tool as a guideline.
We recommend you get connected with a quality lender who can get you pre-qualified. Click here to get some referrals to quality lenders in Colorado Springs.
The Responsive Mortgage Calculator is for demonstration purposes only and may not reflect actual numbers for your mortgage.