Disclaimer
This calculator does not include taxes or
insurance payments.
It provides a monthly principal and interest
payment. Please consult a GHLM loan officer
to discuss
the monthly taxes and insurance and possible
mortgage insurance (depending on your loan type). You can also give us a
call at 817-804-0000 to be directed to a loan consultant.
This is a calculation tool, not an offer to lend.
Interest rates shown are for demonstration purposes only. Actual market interest
rates may vary. Receive the actual payment schedule from your lender in writing.
This calculator works only if your provider supports Java scripts.
Contact us to find
out what interest rate you will qualify for.
Closing Costs
Closing costs are
those fees and deposits that are due at closing. These
costs can include:
- Lender fees (loan
origination, underwriting, document preparation as
well as points)
- 3rd party fees
(title search and insurance, appraisals,
inspections)
- Government fees
(deed recording and state and local mortgage taxes)
- Escrow and
interest fees
If you don't want to
add any closing costs to the calculator, enter "0".
Finance Closing
Costs?
Some borrowers prefer
to pay cash at the time of closing for those costs
related to obtaining the loan. Others want the costs
rolled into the loan amount. For the refinance
calculator please specify if closing costs are to be
added to the loan amount.
How Long to Offset
Cost of Loan?
This value will let
you know how many months it will take for you to
"break-even" on the cost of refinancing your mortgage.
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