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Mortgage Calculator

Last updated on August 6th, 2018 at 01:46 am

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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.

Disclaimer

The Responsive Mortgage Calculator is for demonstration purposes only and may not reflect actual numbers for your mortgage.