Rate and Product Calculator

Why Enter Monthly Income and Monthy Debt?

Providing us with your monthly income and monthly debt will enable you to see and compare multiple mortgage programs you may qualify for. The Rate & Product Calculator will use the income and debt you enter to calculate your debt-to-income ratio and provide more accurate estimates of monthly payments and interest rates for each program. If you prefer, you can also call an experienced Century 21 Mortgage representative to find the loan that�s right for you: .

What is this?

This rate quote is based upon the following assumptions:

The loan is in first lien position with no subordinate financing.
The closing date is calculated as one month from today's date.

Rate is based on a credit score of 720.
(For more information regarding credit scores, please see the article, All About Your Credit which is in the Learning Center tab)

Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. For Adjustable Rate Mortgages (ARMs), rates are subject to increase after consummation.

This offer is subject to change or withdrawal at any time and without notice. Nothing herein is or should be interpreted as an obligation to lend. Loans are subject to credit and property approval. Other conditions and restrictions may apply. Hazard Insurance may be required. Program terms and conditions are subject to change.

Look at the chart below for a side-by-side comparison of the mortgage programs that interest you most. To find the specific program that�s right for your personal needs, or to get an actual, same-day pre-approval decision, call an experienced Century 21 Mortgage representative today: .

	Program	Initial Monthly Payment	Current Rate (Initial)	Points	APR	Closing Costs	View Scenario

Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. This information is subject to change or withdrawal at any time and without notice. Nothing herein is or should be interpreted as an obligation to lend. Loans are subject to credit and property approval. Other conditions and restrictions may apply. Hazard Insurance may be required. Program terms and conditions are subject to change. The information shown is for illustrative purposes only. The accuracy of the information and its applicability to your circumstances are not guaranteed. Be sure to consult a financial professional prior to relying on the results.

Actual payments and APR may vary.
For Adjustable Rate Mortgages (ARMs) and Interest-Only Mortgages, rates and payments are subject to increase after consummation. After the interest-only period ends, your monthly payments will increase, because you will be paying both principal and interest. The following payment stream example illustrates how the rates and payments could increase after consummation. This example assumes a $200,000 loan amount, an 80% loan-to-value, 15 days in interest and $1,300.00 of estimated closing costs.

For a 10/1 Interest-Only ARM with an initial interest rate of 6.00% [corresponding APR of 6.947] and a Fully Indexed Rate [index rate plus margin] of 8.50% you would make 120 Interest-Only payments of $1,000.00 and 240 fully amortizing payments of $1,735.65.