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What would the payment be for 950,000 loan at 4.25%

by alanan_131_703 from Laguna Niguel, California. Nov 30th 2012 Reply


Joel Lobb (kentuckyloan)
#3 ranked lender in Kentucky - 192 contributions

http://financial-calculator.appspot.com/

Nov 30th 2012
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Crestico Funding (CresticoFunding)
#316 ranked lender in California - 340 contributions

Your Principal and Interest Payments would be $4673.43 amortized over 30 years.feel free to use http://www.crestico.com/mortgage-lending/get-approved/mortgage-application/mortgage-calculator/

Nov 30th 2012
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William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

$4673.43 if you're going 30 years.. But this is assuming your 4.25% is a fixed rate.. Most lenders offering jumbo loan products will only do Adjustable Rate Mortgages (ARM)... Also keep in mind that down payment can be 20% or more, and your taxes and insurance will be in addition to your PI payment.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Nov 30th 2012
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Bert Carpenter (BertCarpenter)
#37 ranked lender in Arizona - 2,431 contributions

The monthly Principal & Interest payment when amortized over 30 years, would be $4,673.43. The payment will be the same regardless of it being a fixed rate or an adjustable rate, or with a balloon. Of course if the adjustable rate does adjust, your payment will too. Use the calculator at http://www.loansa2z.com/calcMonthlyPayment.php for different loan amounts and terms. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Licensed in California and Arizona ~ www.LoansA2z.com 888-889-9950

Nov 30th 2012
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James Barath (JamesBarath)
#9 ranked lender in Indiana - 352 contributions

Is this a loaded question? Would you mind letting everyone know the specific term and if this is an interest-only or fully amortizing. Thanks.

Nov 30th 2012
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Meena Iskander (Miskander)
#0 ranked lender in California - 18 contributions

Hi Alan my name is Meena I am an LO here at Inhouselender in Irvine, CA we specialize in refinance and we have great rates for purchases as well please feel free to give me a call and let me know what your goals are or what your looking into I maybe able to be an assistance for you don't limit yourself to one option.-Meena-201-673-7205

Nov 30th 2012
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Peter Botros (PeterBotros)
#70 ranked lender in New York - 895 contributions

4673.43 on a 30 year fixed

Nov 30th 2012
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Larry Gray (lgray_312_247)
#597 ranked lender in California - 1,139 contributions

A suggestion...go to nearly any loan officer's website...who answers questions here for home loan consumers...and you will find a very easy to use calculator so you can calculate what ever amount, type of loan, and rateyou wish! Best wishes on your search for the right home! It just seems that you are home shopping from your question!

Dec 1st 2012
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