Use this free mortgage calculator to help determine what price home you can afford in the Auburn/Opelika real estate market.
As always, Ashley recommends that you work with a local lender to determine effectively where you can be comfortable in the mortgage market. Feel free to play around with the numbers though, so you can know what questions to ask when you visit your lender of choice!
This mortgage calculator uses set fees and figures in determining loan amounts. The fees and figures are disclosed below. All fees and figures are subject to change. Please contact your local lender for more accurate information and details concerning your projected loan amounts.
This mortgage calculator produces figures based on the following set numbers:
Origination fee: 1%
Lender Fees (processing/underwriting): 600
Credit Report Fee: 50
Title Insurance: 800
Reconveyance Fee: 75
Recording Fee: 85
Wire and Courier Fees: 55
Endorsement Fee: 75
Title Closing Fee: 350
Title Document Prep Fee: 75 [/onehalf]