Mortgage Information
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If you're like most buyers, a home is the most expensive purchase you'll ever make, and you'll probably need some form of financing. There are many lending institutions that offer a variety of mortgage products. Financing options and rates can vary widely, so it is important to do your research and shop around to ensure you get the mortgage that best meets your life style and needs at the best price. I would be happy to refer you to some very good mortgage contacts I have from the surrounding areas in Illinois, to help you in any way. So you will get the best possible rate for your home purchase.
I have my preferred Mortgage Professional who will keep all of your information private Stephan Schrey and he has many loan opportunities available to fit your individual needs. Being pre-approved is a great negotiation tool when you are ready to buy. Plus you need to know what you can afford before you start looking so give him a call he will help find a Mortgage that will fit your budget and your individual Life Style! Stephan Schrey: MetroMidwest Mortgage, cell: 847-772-2893 office: 815-459-0512
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Use the mortgage calculators below to assist you in making some decisions around financing your new home.
Mortgage Qualification Calculator
This calculator will help you determine how much money you qualify to borrow. The results are informal. You will be subject to a credit approval from your financial institution taking into consideration existing debt load, amount of down payment, income and other variables.
Mortgage Payment Calculator & Amortization Table
This calculator will help you determine what your mortgage payments will be based on purchase price, interest rate and mortgage term, as well as other factors. The amortization table shows what the interest and principal payments will be over the term of the mortgage.