Mortgage Calculator

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
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Down Payment

The typical rule of thumb is to pay 20 percent of the home's price as your down payment, although some mortgage loans require as little as 3.5 percent down. Your down payment reduces the total amount of your mortgage loan, so the more money you put down, the lower your payments will be - or the more expensive a house you can buy.

Loan Term

Your loan program can affect your interest rate and monthly payments. Choose from 30-year fixed, 15-year fixed, and more in the calculator.

Loan Type

There are several types of mortgage loans, but the most commonly used are fixed-rate and adjustable-rate loans. Fixed-rate loans have the same interest rate for the entire duration of the loan. That means your monthly payment will be the same, even for long-term loans, such as 30-year fixed-rate mortgages. Two benefits to this loan type are stability, and being able to calculate your total interest up front. Adjustable-rate mortgages (ARMs) have interest rates that can change over time. Typically they start out at a lower interest rate than a fixed-rate loan, and hold that rate for a set number of years, before changing interest rates from year to year. For example, if you have a 5/1 ARM, you will have the same interest rate for the first 5 years, and then your interest rate will change from year to year. The main benefit of an adjustable-rate loan is starting off with a lower interest rate.

Interest Rate

This field is pre-filled with the current average mortgage rate. Your actual rate will vary based on factors like credit score and down payment.

Property Tax Rate

The mortgage payment calculator includes estimated property taxes based on the home's value. You can edit this in the advanced options.

Home Insurance

Home insurance or homeowners insurance is typically required by lenders, depending on the loan program. You can edit this number in the mortgage calculator advanced options.

HOA Fees

A homeowners association fee (HOA fee) is an amount of money that must be paid monthly by owners of certain types of residential properties, and HOAs collect these fees to assist with maintaining and improving properties in the association.

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feature image of Essential Home Selling Checklist: Your Step-by-Step Guide to a Successful Sale
Essential Home Selling Checklist: Your Step-by-Step Guide to a Successful Sale
Selling your home is a significant milestone, and the process can feel overwhelming if you’re not prepared. But don’t worry—having a clear and organized plan can make all the difference. This comprehensive home selling checklist will guide you through each stage of the process, from preparing your home to negotiating offers, ensuring you achieve a smooth and successful sale. 1. Get Your Finances in Order Before you list your home, it’s crucial to understand the financial implications of selling. Knowing your numbers can help you set realistic expectations and plan your next steps with confidence. Determine Your Home’s Value: Begin by researching the current market value of your home. While online estimators can provide a rough idea, a professional appraisal or a comparative market analysis (CMA) from a real estate agent will give you a more accurate assessment. Calculate Your Selling Costs: Selling a home comes with various costs, including agent commissions (typically 5-6% of the sale price), closing fees, and any necessary repairs or updates. By calculating these costs upfront, you can estimate your net proceeds and plan your budget for your next home purchase. Check Your Mortgage Payoff: Contact your lender to find out your current mortgage balance. Knowing how much you owe will help you understand how much equity you have in your home and what you can expect to walk away with after the sale. 2. Choose the Right Real Estate Agent Selecting the right real estate agent is one of the most important decisions you’ll make in the selling process. A great agent can significantly impact the speed and profitability of your sale. Interview Multiple Agents: Don’t settle on the first agent you meet. Interview several agents to compare their experience, marketing strategies, and understanding of your local market. Look for someone who not only has a proven track record but also communicates well and understands your goals. Check References: Ask potential agents for references from past clients. Speaking with former clients can give you insight into the agent’s strengths, weaknesses, and how they handle the selling process. Discuss Marketing Strategies: A successful sale depends on effective marketing. Make sure your agent has a solid plan to market your home, including online listings, professional photography, social media outreach, and open houses. The more exposure your home gets, the better your chances of attracting the right buyer. 3. Prepare Your Home for Sale First impressions are everything when selling a home. A well-prepared home not only attracts more buyers but can also increase your chances of receiving higher offers. Declutter and Depersonalize: Start by removing personal items, family photos, and excessive decor to create a clean, neutral space that allows buyers to envision their own lives in the home. Less clutter makes rooms appear larger and more inviting. Deep Clean: A spotless home is more appealing and suggests that the property has been well cared for. Consider hiring professional cleaners to ensure every room, including often-overlooked areas like baseboards and windows, is sparkling clean. Make Necessary Repairs: Address any visible issues, such as leaky faucets, cracked tiles, or peeling paint. These minor repairs can make a big difference in how potential buyers perceive your home. If there are larger issues (like an aging roof or outdated HVAC system), decide whether to fix them before listing or adjust your price accordingly. Enhance Curb Appeal: The exterior of your home sets the tone for what buyers can expect inside. Simple updates like fresh landscaping, a newly painted front door, and clean walkways can significantly boost your home’s curb appeal and attract more interest. 4. Set the Right Price Pricing your home correctly is crucial for attracting buyers and achieving a successful sale. Price it too high, and it might sit on the market; price it too low, and you could leave money on the table. Research Comparable Sales: Look at recent sales of similar homes in your neighborhood to get a sense of what buyers are willing to pay. This data, known as "comps," will give you a realistic starting point for pricing your home. Consider Market Conditions: Take into account whether it’s a buyer’s or seller’s market. In a seller’s market, where demand outpaces supply, you might be able to price your home higher. In a buyer’s market, where there’s more inventory, you may need to be more competitive with your pricing. Get an Agent’s Opinion: Your real estate agent can provide a comparative market analysis (CMA), which includes data on recent sales, current listings, and market trends. This analysis can help you set a price that’s competitive yet reflects the true value of your home. 5. Market Your Home Effectively Once your home is prepped and priced, it’s time to showcase it to potential buyers. Effective marketing can set your home apart from the competition and attract the right audience. Professional Photography: High-quality photos are essential for making a strong first impression online. Professional photographers know how to highlight your home’s best features and make each room look spacious and inviting. Good photos can drive more traffic to your listing and lead to more showings. Write a Compelling Listing Description: Your listing description should highlight your home’s unique features and recent upgrades. Focus on what makes your home stand out, such as a renovated kitchen, a spacious backyard, or a prime location. A well-written description can capture buyers’ attention and encourage them to schedule a viewing. Utilize Social Media: Social media platforms like Facebook, Instagram, and Twitter are powerful tools for reaching a broader audience. Share your listing across these platforms, and encourage friends and family to do the same. The more eyes on your property, the better your chances of finding the right buyer. Host Open Houses: Open houses allow potential buyers to explore your home in person, ask questions, and get a feel for the property. They also create a sense of urgency, especially if multiple buyers show up. Work with your agent to schedule and promote open houses to maximize attendance. 6. Negotiate Offers and Close the Deal When offers start rolling in, it’s time to negotiate the best deal. This is where a skilled real estate agent can really shine, helping you navigate the negotiation process and secure favorable terms. Review Offers Carefully: Don’t just jump at the highest offer—consider the overall package. Factors like the buyer’s financial situation, contingencies, and closing timeline are all important. A lower offer with fewer contingencies and a quicker closing might be more attractive than a higher offer with lots of strings attached. Negotiate Terms: Your agent will help you negotiate terms that work in your favor. This might include the sale price, the closing date, and any contingencies, such as repairs or included appliances. The goal is to reach an agreement that satisfies both parties and moves the sale forward smoothly. Complete the Paperwork: Once an offer is accepted, the process of completing the necessary paperwork begins. This includes signing the purchase agreement, handling any contingencies, and preparing for the closing. Your agent and real estate attorney will guide you through this process to ensure everything is in order. Prepare for Closing: The closing process involves finalizing the sale, including transferring the title to the buyer, paying off any remaining mortgage balance, and covering closing costs. Before closing day, make sure all inspections and repairs have been completed, and that you’re ready to hand over the keys to the new owners. 7. Prepare for Your Move With the sale of your home finalized, it’s time to focus on the next chapter—moving into your new space! Plan Your Move: Start planning your move as soon as you know your closing date. Whether you’re hiring professional movers or doing it yourself, it’s essential to stay organized. Create a timeline, gather packing supplies, and label boxes to make the process as smooth as possible. Leave a Clean Home: It’s a good practice—and sometimes a requirement—to leave your home clean for the new owners. Consider hiring a cleaning service to do a final deep clean after you’ve moved out. This small gesture can make a big difference and ensure a positive handover. Celebrate Your Success: Selling a home is a significant achievement, and it’s worth celebrating! Take a moment to reflect on the journey, and enjoy the excitement of moving forward to your next adventure. Conclusion Selling your home doesn’t have to be a stressful experience. By following this essential home selling checklist, you can stay organized, reduce stress, and increase your chances of a successful sale. From getting your finances in order to preparing your home and negotiating offers, every step is important. With careful planning and the right support, you’ll be well on your way to achieving your home selling goals.
feature image of Why Remote Work and Housing Affordability Are Shaping New Living Patterns
Why Remote Work and Housing Affordability Are Shaping New Living Patterns
The way we live and work is changing, and it's happening faster than ever before. Remote work and housing affordability are two key factors driving these new living patterns, and they’re reshaping how we think about home and community. Let’s explore how these trends are creating opportunities and challenges in today’s world. The Rise of Remote Work Remote work has moved from being a niche option to a mainstream choice. The shift to working from home has opened up new possibilities for many professionals, allowing them to break free from the traditional office environment. This change has given people the flexibility to live where they want, not just where they work. Key Benefits of Remote Work: Flexibility: Work from anywhere, giving you more control over your daily routine. Cost Savings: No more commuting costs or the need for expensive work attire. Broader Talent Pool: Companies can hire talent from a wider geographic area, not just within commuting distance. Housing Affordability Challenges As remote work expands, the issue of housing affordability remains front and center. High housing costs in urban areas are pushing people to seek more affordable options elsewhere. This search for affordability is leading to shifts in where and how people choose to live. Factors Influencing Housing Affordability: Urban vs. Suburban: Urban areas often have higher housing costs due to demand and limited space, while suburban and rural areas can offer more affordable options. Market Trends: Housing markets are fluctuating, with some areas seeing price increases as remote workers move in. Income Considerations: Not all remote jobs come with high salaries, so finding affordable housing is crucial. Emerging Living Patterns The intersection of remote work and housing affordability is leading to new living patterns. People are now making lifestyle-driven decisions about where to live, rather than being tied to a specific location because of work. The Suburban Shift Suburban areas are seeing renewed interest as remote workers look for larger homes, more outdoor space, and a quieter environment. Without the need for a daily commute, the suburbs offer an attractive alternative to city living. The Appeal of Rural Living Rural areas are becoming more appealing to those seeking a slower pace of life and lower housing costs. The availability of reliable internet in these areas has made remote work a viable option, opening up new possibilities for those looking to escape the hustle and bustle of city life. The Growth of “Zoom Towns” “Zoom towns,” or small towns that have gained popularity due to the rise in remote work, are emerging across the country. These towns offer a mix of affordability, charm, and proximity to nature, making them attractive to those looking for a change. What Lies Ahead? As remote work becomes more established and housing affordability remains a concern, these new living patterns are likely to continue evolving. The focus is shifting towards lifestyle, flexibility, and affordability, which could lead to further decentralization of urban centers. Potential Future Trends: Flexible Housing Demand: Homes with dedicated office spaces or potential for rental income may become more desirable. New Community Development: As people move to less traditional areas, new communities will form, potentially creating more localized economies. Real Estate Market Changes: Real estate markets will continue to evolve, with demand increasing in areas that offer a blend of affordability, lifestyle, and connectivity. Conclusion The interplay between remote work and housing affordability is shaping the future of where and how we live. From the resurgence of suburban living to the allure of rural areas and the rise of Zoom towns, these new patterns are redefining our concept of home. As these trends unfold, they offer both challenges and opportunities for individuals and communities alike. Whether you're considering a move or just curious about how these trends might affect you, I’m here to help you navigate these exciting changes. Let’s explore the possibilities together!
feature image of 7 Easy Tips to Refresh Your Home This Weekend
7 Easy Tips to Refresh Your Home This Weekend
Looking for a quick and easy way to give your home a fresh look without a major renovation? Whether you're sprucing up your space for guests or just craving a little change, there are simple updates you can tackle in a weekend that will make your home feel like new. Let’s dive into these seven easy tips to refresh your home this weekend! 1. Rearrange Your Furniture One of the easiest ways to give a room a whole new feel is by rearranging your furniture. Try moving your sofa to a new spot, switching up your chairs, or changing the layout entirely. This quick change can instantly make a space feel bigger, cozier, or more functional—without spending a dime! Rearrange your furniture to create a fresh, new layout. Experiment with different configurations to change the vibe of your space. Free and fun way to update any room quickly. 2. Add a Splash of Color with Paint A fresh coat of paint can do wonders for your home, whether you’re giving an accent wall a pop of color or refreshing the trim. Choose a bold hue for a feature wall or stick to neutral tones for a clean, modern feel. Painting is a fast, affordable way to breathe new life into any room. Use paint to create an accent wall or refresh your trim. Choose a bold color for a pop or neutral tones for a clean look. A budget-friendly update that makes a big impact in any room. 3. Update Your Lighting Switching up your lighting can dramatically change the mood of your home. Consider swapping out old fixtures for something new and modern, or add a few stylish lamps to brighten up dim corners. Even changing light bulbs to warmer tones can create a cozy, welcoming atmosphere. Swap out old light fixtures for modern, stylish options. Add floor or table lamps to brighten dim corners. Upgrade to warm-toned bulbs for a cozy, inviting glow. 4. Declutter and Organize Sometimes, the best way to refresh your home is to get rid of what you don’t need. Spend the weekend decluttering your living spaces, kitchen, or closets. Organize what’s left using baskets, bins, or drawer dividers to give everything a place. Decluttering not only clears space but also creates a calm and refreshed environment. Declutter your home by getting rid of items you no longer need. Organize using baskets, bins, or drawer dividers for a clean look. Create a calm and refreshed atmosphere by reducing clutter. 5. Add Greenery with Plants Nothing livens up a home quite like some greenery. Bring the outdoors in by adding houseplants to your living spaces. They not only improve air quality but also create a natural, relaxing feel. Don’t have a green thumb? No worries—there are plenty of low-maintenance plants that are easy to care for. Add houseplants to improve air quality and liven up your space. Plants create a natural, relaxing atmosphere in any room. Choose low-maintenance plants if you’re new to plant care. 6. Refresh Your Linens Swap out your bed linens, throw pillows, or towels for new textures and colors. Opt for fresh, light fabrics for the warmer months, or go for cozy, plush textiles to create a more comforting vibe. A simple change in fabrics can give your home a whole new look and feel. Update bed linens, throw pillows, and towels for a quick refresh. Choose light fabrics for summer or cozy textures for a comforting feel. Changing textiles is an easy way to revamp your space with minimal effort. 7. Hang New Art or Mirrors If your walls are feeling a little bare, consider adding new artwork or mirrors. Mirrors can open up a space and make rooms feel larger and brighter. Artwork, on the other hand, adds personality and style to any room. Even rearranging your existing pieces can make your space feel new. Add mirrors to open up your space and make rooms feel bigger. Hang artwork to bring personality and style to any room. Rearrange existing pieces for a fresh look without buying new decor. In Summary Refreshing your home doesn’t have to be a big, time-consuming project. With these seven easy tips, you can give your space a fresh new look in just one weekend. From rearranging furniture and adding plants to swapping out linens and updating lighting, small changes can make a big difference in how your home looks and feels. Ready for a Weekend Refresh? Whether you’re planning to stay or sell, these quick tips can breathe new life into your home in just a couple of days. Want more home improvement ideas or need help finding your next dream home? Contact me today—I’d love to help!

Words From Our Clients

sonelpatel9

Kat did an exceptional job selling our home with all stages of the selling process. She was always very responsive and looked out for our best interests from start to finish. She very efficiently coordinated all of the repairs and upgrades that needed to be done to get our house on the market in a timely fashion. Her marketing of our home was outstanding and her overall expertise and professionalism is exceptional.

MarciaHille

Kat assisted me in purchasing a home to provide care for individuals with mental health challenges. She was resourceful and diligent in assisting me to identify a property that met the specific requirements needed for the home. She was always extremely responsive to my requests and any questions that I had. I highly recommend her to anyone looking for a home.

melissa strickland3

Kat did an outstanding job selling our house. Kat had an offer within 4 days of having the contract with us and closed on the house with in 30 days!! Her expertise, communication and professionalism is exceptional. I highly recommend Kat!!

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Kat Granum

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