Alaska Mortgage Calculator

• Use this calculator to estimate how much of a mortgage you can afford. This is estimate based on limited information, please fill out the Apply Online for a complete Loan Estimate.
  
  

  Loan Parameters

  Loan Purpose

  Purchase a new home Refinance my home Refinance my home - I want cash back
  

  Property Type

  Single Family Condominium
  

  Annual Income ($)

  
  

  Cash on Hand ($)

  
  Limit Downpayment to Minimum Required
  

  Loan Type

  30 Year Fixed Conventional @ 6.000% (1.816pts, 6.203% APR)30 Year Fixed Conventional @ 6.375% (0.663pts, 6.470% APR)15 Year Fixed Conventional @ 5.750% (1.107pts, 5.974% APR)30 Year Fixed VA @ 5.500% (2.080pts, 5.915% APR)30 Year Fixed VA @ 5.750% (1.089pts, 6.074% APR)
  

  Credit Score

  Excellent - FICO >=780 Excellent - FICO >=760 Excellent - FICO >=740 Good - FICO >=720 Good - FICO >=700 OK - FICO >=680 OK - FICO >=660 Low - FICO >=640 Low - FICO >=620
  

  Total minimum loan amount you pay each month (ie car payments, credit cards, student loans, mortgages on 2nd homes, etc) ($)

  
  
  
  
  

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  Results

  
  Your estimated maximum home price is $397,176.
  
  

  Overview

  Description	Amount
  Max Purchase Price	$397,176
  Loan Amount	$342,530
  Downpayment	$54,646
  Total Settlement Charges	$5,183
  Total Cash Used	$59,829

  
  
  

  Monthly Payments

  Description	Amount
  Principal & Interest	$2,137
  Homeowner's Insurance ($1,732/yr)	$144
  Property Tax ($5,958/yr)	$496
  PMI	$223
  Total Monthly Payments	$3,000

  
  
  

  Origination Charges

  Description	Fee
  Origination Charge	$95
  Points	$2,271
  Origination Charges Subtotal	$2,366

  
  
  

  Other Settlement Charges

  Description	Fee
  Appraisal Fee	$850
  Title Settlement or Closing Fee	$484
  Lender's Title Insurance	$1,328
  Government Recording Charges	$155
  Other Settlement Charges Subtotal	$2,817

  
  

  Total Settlement Charges

  $5,183