Christian Arceo

Mortgage Consultant

818.322.6028 | christian@homesmarthomeloans.com

What would my mortgage payment be?

Use the calculator below to run a scenario for any California address. Conventional, FHA, VA, jumbo, and non-QM options available with the ability to implement temporary buydown scenarios.

Please keep in mind that these are only estimates. For an accurate quote, contact us so that we can discuss your specific situation.

Property ZIP

Purchase and Financing

Purchase price

Down payment

Interest rate (%)

Term

Property type

Estimated credit score

Taxes, Insurance and Dues

Property tax rate (% / yr)

Homeowners insurance ($/yr)

Mello-Roos / CFD ($/mo)

HOA dues ($/mo)

A Mello-Roos, or Community Facilities District (CFD), is an extra assessment that appears on the property tax bill in some newer developments. It repays bonds issued to build streets, schools, parks, and utilities for that neighborhood, and it is charged on top of regular property taxes. Not every home has one, it usually runs for a fixed number of years, and the exact amount is listed on the property's tax bill.

Temporary buydown — often paid by the seller

Structure

A buydown lowers the payment for the first year or two. You still qualify at the full note rate, and the cost is funded at closing.

Estimated cash to close

Down payment-

Lender and third-party fees-

Title, escrow and recording-

Prepaid interest and insurance-

HOA fees collected at closing-

Impound account setup-

Estimated closing costs and prepaids-

Estimated cash to close-

Escrow / impound account

Closing costs are modeled on recent Southern California settlement statements and exclude any seller credit. Your actual costs depend on the lender, title company, escrow company and closing date.

Estimated monthly payment

Principal and interest-

Mortgage insurance-

Property taxes-

Homeowners insurance-

Mello-Roos-

HOA dues-

Total monthly payment-

Loan amount-

Down payment-

Loan to value-

Estimated cash to close-

Mortgage insurance ends-

These are estimates. Let's get you real numbers.

A quick conversation gets you an accurate rate quote, a payment you can rely on, and a pre-approval that agents and sellers take seriously.

Call or text 818.322.6028 Email me regarding this scenario

Christian Arceo, Mortgage Consultant | NMLS 2137391 | CA-DFPI 2137391 | HomeSmart Home Loans, Corp NMLS 1866349

EQUAL HOUSING OPPORTUNITY This calculator provides estimates for general information only. It is not a Loan Estimate, a pre-approval, a rate lock, a credit decision, or a commitment to lend, and it does not include an APR. Interest rates shown are entered by the user and are not quoted rates. Property taxes, insurance, Mello-Roos or CFD assessments, HOA dues, mortgage insurance, and closing costs are estimates that vary by property, lender, and closing date, and your actual figures will differ. All loans are subject to credit approval, income and asset verification, property appraisal, and program guidelines. Not all applicants will qualify. Terms and programs are subject to change without notice.