Do You Need A Mortgage?

Mortgage Calculator & Current Interest Rates
How much can you afford?

Determining how much you can afford and getting a loan approval is actually the very first step in the buying process. Calculating the overall monthly payment is more than just the principle and interest alone. Your total monthly cost of ownership requires adding in the escrows, property taxes and cost of insurance. These costs are variable and depend on the property you choose to purchase.

Below are the current average estimated mortgage interest rates for our region and a handy mortgage calculator so you can calculate the principle and interest portion of the monthly payment. Your actual interest rate will be dependant on your credit worthiness and type of loan you obtain.

As a Florida Luxury Realty professional, I will help you find the perfect home and then will tell you the estimated cost of property taxes and insurance so you will be certain that the home of your dreams is also one you can comfortably affordable to own.

This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the county property taxes, and their effect on the total monthly mortgage payment.
Purchase & Financing Information
Sale Price of Home: (in dollars)  
Percentage Down: %  
Length of Mortgage: (years)  
Annual Interest Rate: %  
Explain Calculations:
   Show me the calculations
 and amortization tables

Current Mortgage Rates

  • 30 Year Fixed
  • $50,000-$150,000: 4.5 %
  • $150,000-$250,000: 4.5 %
  • 15 Year Fixed
  • $50,000-$150,000: 4 %
  • $150,000-$250,000: 4 %
  • VA Loan
  • $50,000-$150,000: 4 %
  • $150,000-$250,000: 4 %

Land Home Financial Services, Inc. is an Equal Housing Opportunity Lender. The rates, loan programs, fees, options and guidelines in any loan scenario shown: (i) are for illustrative purposes only; (ii) are subject to change without notice; (iii) are subject to restrictions; (iv) will not apply to all borrowers or situations; and (v) do not represent a commitment to lend. Contact a Mortgage Loan Originator for details. Land Home operates only in states where it is authorized to conduct business. Branch location: 1355 Willow Way, Suite 250, Concord, CA 94520. NMLS #1796. To view states licenses go to