Home Loan Simplified

Home Loan Simplified

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Picking the Right Loan for You!

Picking the Right Loan for You!

We are here to assist you with all your mortgage needs. We will help you consider a whole range of factors regarding your lending needs whether you're purchasing your first home, a second home or refinancing. We will make every effort to simplify the lending process with step-by-step guidance from application to closing.

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MEET THE TEAM

Simplify the Home Loan Process

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CONTACT US

605.209.5003 | arasmussen@cmgfi.com
909 St Joseph St Floor 7 Rapid City, SD, 57701

Please feel free to reach out via text at 605-209-5003.

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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