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- Melissa Miles NMLS1019729
- Director of Operations
- 3143360259
- mmiles@groundworkmortgage.com
Mortgage Calculator
Understanding the monthly cost of your mortgage is important for us all. Get a sense of the costs of buying a home or refinancing your current loan with our monthly mortgage calculator. Each borrowers individual credit score and loan criterea will impact the available rate. Reach out to a Groundwork Mortgage team member to ask any additional questions!
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An annual or semiannual tax that is assessed, collected, and used by your local government for community funding. Commonly this is escrowed and included in your monthly mortgage payment.
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An insurance policy that protects your property and belongings from damage and destruction (also known as Hazard Insurance). It also can protect you from liability if damage or injury is caused to other people on your property.
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Homeowners Association fees (or dues) are used to cover services and amenities in the community or neighborhood the property is in.
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An insurance policy that protects a lender if a borrower defaults on their loan. Having Mortgage Insurance can make it easier for buyers with smaller down payment amounts to buy a home.
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Making a larger monthly payment on your mortgage can help save on your interest and pay off the mortgage sooner. Make sure to check there aren't limits or charges for early payoffs first.
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You can make interest only payments for the selected amount of years before making principal and interest payments. During this period you still can make interest only payments, as well.
- Mortgage Payment (P&I)
- $0(100%)
- Property Tax
- $0(0%)
- HOA Dues
- $0(0%)
- Homeowners Insurance
- $0(0%)
- Mortgage Insurance
- $0(0%)
- Total Monthly Payment
- $0
| Pmt # | Payment | Principal | Interest | MI | Balance |
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| Pmt # | Int Rate | Mth Pmt | Principal | Interest | Balance |
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Thank you for choosing Groundwork Mortgage! We are honored to work with you. Our fast, easy online application process will have you on your way to achieving your home loan needs in no time!