To determine the mortgage loan financing amount for which you could potentially qualify or feel comfortable with, simply fill in the boxes with the appropriate information and let the Mortgage Calculator do the work for you. Calculations are based on standard information to determine mortgage payments. Factors taken into consideration include income, total debt payments, mortgage term, interest rate and other variables. The results will be displayed along with a valuable amortization payment schedule.

Loan Term
(Number of months or years to borrow)
Loan Term Months Years

Interest Rate
(Please enter the interest rate of the loan, without a percentage sign. Example, do enter 9.5, do not enter as .095 or 9.5%.)
Rate %

Payment Frequency
Semi-Monthly (Twice Per Month)
Monthly

Monthly Gross Income

Other Monthly Mortgage Expenses
Real Estate Taxes:
Home Insurance:
Private Mortgage Insurance (PMI):
Homeowners, Condo/Co-op Maintenance:

Monthly Debt Expenses
Total Credit Card Payments:
Total Automobile Payments:
Total Other Monthly Debt Payments:


Disclaimer
The CUMI Mortgage Calculator provides approximate information and does not constitute an offer to extend credit. Your actual payment may vary slightly. For exact payment information, please contact your credit union.



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