Profile picture for TramellIsaac

is the mortgage calc. accurate? will there be any other fees added to my monthly note?

I'm looking to buy a home directly from the owner... I would like to know if there are any more fees/taxes etc that are not accounted for in the mortgage calc.? I'm trying to figure out what my monthly mortgage would be.
  • January 16 2009 - Cypress
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Answers (2)

Profile picture for Mr Caveat
that is to say its pretty good, but there are questions you cant answer knowledgeably, specifically relating to current rates and such

  • January 16 2009
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Profile picture for Mr Caveat
well to be honest not 100% it will give you a number, if you are really good about knowing you to use it you can get within $20of your actual payment, i would say the average person is +/-$50 because only a broker/professional can look at your credit score and say "you will get this rate" "you should buy 2 pts" "the closing costs add another $8-10/month all by themselves"

etc, non brokers generally don't know, otherwise why use one?
  • January 16 2009
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