Your Trusted Mortgage Guide
Branch Manager Drew Mayes takes the time to understand what you’re looking for in a mortgage and how that fits into your long-term financing picture. Drew will review your options with you and clearly answer all of your questions, so you can make confident, well-informed decisions for you and your family.
When you work with Drew Mayes, you are not just another number or transaction. Drew is here for you throughout your homeownership journey!
Contact Drew Buy a HomeMortgage Payment Calculator
Mortgage Details
Private mortgage insurance typically costs between 0.5% to 1% of the entire loan amount on an annual basis.Expect to pay $35 a month per $100,000 in home value.Your Monthly Payment
$1,838
Payment Breakdown
$1,838
Principal & Interest
$1,083
Taxes
$507
Mortgage Insurance
$73
Home Owners Insurance
$108
HOA
$100
Monthly Payment Estimates
by interest rate
| Purchase Price | Loan Amount | 4.50% | 4.75% | 5.00% | 5.25% | 5.50% | 5.75% |
|---|---|---|---|---|---|---|---|
| $225,000 | $213,750 | $1,838 | $1,903 | $1,936 | $1,969 | $2,002 | $2,036 |
| $235,000 | $213,750 | $1,871 | $1,903 | $1,936 | $1,969 | $2,002 | $2,036 |
| $245,000 | $213,750 | $1,871 | $1,903 | $1,936 | $1,969 | $2,002 | $2,036 |
| $255,000 | $242,250 | $2,093 | $1,903 | $1,936 | $1,969 | $2,002 | $2,036 |
| $265,000 | $242,250 | $2,093 | $1,903 | $1,936 | $1,969 | $2,002 | $2,036 |
| $275,000 | $242,250 | $2,093 | $1,903 | $1,936 | $1,969 | $2,002 | $2,036 |
| $275,000 | $242,250 | $2,093 | $1,903 | $1,936 | $1,969 | $2,002 | $2,036 |
| Cost of Waiting | $36 | $73 | $110 | $148 | $186 | ||
*Cost of waiting estimates are based on the percentage (%) down entered into the calculator. Disclosure: Information and interactive calculators are made available to you as self-help tools for your independent use. We cannot and do not guarantee their accuracy or their applicability to your circumstances. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues. All loans are subject to approval and credit terms may vary.
Contact Drew
Drew Mayes
NMLS# 1713173
Branch Manager
208-867-6084
208-867-6084
