The Homes for Heroes mortgage calculator is a helpful tool that allows you to estimate monthly mortgage payments. It will help you understand and plan for your ongoing financial commitment if you choose to purchase a home. This mortgage payment calculator not only provides you a monthly mortgage payment estimate, but it also breaks out estimates for your principal, interest, property tax and insurance (PITI) for different loan types. Try it out yourself below, and read on for more information about estimating your monthly mortgage payment.
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“Simple Mortgage Calculator to Estimate Monthly Mortgage Payments”
Category: Mortgage and Refinance
What Is a Good Credit Score to Buy a House or Refinance?
Wondering what is a good credit score to buy a house or refinance your mortgage? This article covers essential credit score requirements and offers valuable tips on how to manage your credit score and credit history to purchase a new home and finance it with a mortgage, or if you are looking to refinance your current mortgage.
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Buying a House When Your Spouse Is Deployed
A deployment is one of the hardest things a member of the armed forces can experience in their military career. But it’s almost equally difficult for families who miss their loved ones and want to see them return safe. Many spouses dream of having their spouse come back to a brand-new house so they can jumpstart their lives stateside again. But buying a home is extremely complex, especially if your spouse is overseas and unable to help in the search. But, that doesn’t mean it’s impossible! Here are some tips when buying a house when your spouse is deployed.
Zero Down Mortgage: Can I Get One to Buy a House?
Did you know that it’s possible to buy a house without putting any money into a down payment? That’s right; there are fantastic zero down payment home loans available to finance your new home. Read on to learn more about some terrific zero down payment home loans and how you can get one to buy a house.
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How Does A Cash Out Refinance Work?
Did you know that you can utilize the equity in your home to finance essential items like home renovations, repairs, or even college tuition? Indeed, it’s possible to refinance your home at a lower interest rate while tapping into the equity for a chunk of cash through a cash-out refinance. With home equity at record highs, you might be sitting on more cash than you think. Learn about cash-out refinances and how you can use this financial tool to pay for significant investments.
Save Time and Money with our Home Loans for Police Officers
Police officers have an extremely difficult job serving their communities. So, when it comes to buying a house, getting a home loan should be easy. Thankfully, there are a number of great home loan options available specifically for police officers. Let’s take a look at some of the most common types of home loans for police officers to buy a home and how Homes for Heroes can help.
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What is Private Mortgage Insurance (PMI), and Do You Need It?
Do you feel so overwhelmed with real estate terminology that you wonder how you’ll ever buy a house? Don’t worry; even though you’re busy being a hero, it’s fairly easy to read up and understand one of the confusing terms- Private Mortgage Insurance (PMI). Let’s take a look at private mortgage insurance, and what it means when you’re buying a home.
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Home Improvement Loans Available to Heroes
If you are looking for ways to make improvements on your home, whether it be an addition, renovation, or upgrade like a new HVAC system, you need to know about the different types of financing you can get. No matter how you choose to make changes, you’ll need financing to start your project. To look for financing, homeowners will turn to a bank in order to get a home improvement loan. Luckily, there are several options including a personal loan, home equity loan, or a short term loan. Read More “Home Improvement Loans Available to Heroes”
Everything You Need to Know About a Renovation Loan
A home renovation loan could be the best option for you to tackle the updates to your home. Does your home need an update? Is your kitchen dated with tired appliances and cabinets? Is it time for your new dream master bedroom with walk-in closets and a spacious master bathroom to come to life? A home renovation loan is great option to consider.
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Refinance VA Loan | How to Do It and Save with Homes for Heroes
There are several options to refinance a VA loan every military member should know about. If you are currently paying on a VA loan and are thinking of refinancing to take advantage of lower interest rates, then this post has you covered. Taking the steps to refinance a VA loan may save you thousands of dollars over the life of your loan.
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