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GETTING A HOME LOAN SHOULDN’T BE HARD

SEE HOW

SIMPLE IT IS

The CMG HOME mobile app guides you through your home search and mortgage financing and connects you directly to your loan officer and REALTOR®.

Mortgage payment Calculator

Calculate how much your monthly mortgage payment could be.

Loan Amount

$

Loan Term (Yrs)

Interest Rate (%)

%
calculate

Changes detected

Monthly Payments

$ 1,663*

Principal $205

Interest $1,458

Loan Amount

$

Loan Term (Yrs)

Interest Rate (%)

%

Property Tax (Yearly)

$

Homeowners Ins. (Yearly)

$

Mortgage Ins. (Yearly)

$

HOA dues (Yearly)

$

Other (Yearly)

$
calculate

Changes detected

Monthly Payments with Tax and Insurance

$ 1,938*

Created with Highcharts 7.2.2Highcharts.com
Principal $205
Interest $1,458
Taxes $225
Insurance $50
HOA and Other $0
Created with Highcharts 7.2.25 years10 years15 years0500100015002000Highcharts.com
Your total Principal and Interest payment: $1,663
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*Results are hypothetical and may not be accurate. This is not a commitment to lend nor a preapproval. Consult a financial professional for full details.

Payment example: If you bought a $450,000 home with a 20% down payment, for a loan amount of $360,000, with a 30 year term at a fixed rate of 6.125% (Annual Percentage Rate 6.220%), you would make 360 payments of $2,189.00. Payment stated does not include taxes and insurance, which will result in a higher payment.

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Combination mortgage bank account helps you pay off loans faster

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