You’re probably like most home buyers in that this is the most expensive you’ve ever made, which means you’ll most likely need financing.
There are many lenders and financial institutions offering a range of mortgage products, with different options and rates, so it is vital to shop around and do your research to find a reputable lender who can offer you the right mortgage with rates and terms that best meet your needs.
I can refer you to a number of highly reputable mortgage lenders located in Denver, or help you in other ways to secure the best rate on a mortgage so that you can finance the home you want to purchase.
You are welcome to use the two mortgage calculators below to help you in your decision-making process when it comes to financing your home:
This mortgage calculator helps you figure out how much money you would qualify for in terms of a mortgage loan. You will need credit approval from your lender who will look at your existing debt load, how much of a down payment you will be making, your income and other factors.
This is the calculator to use in determining your monthly mortgage payment, based on the purchase price of your home, mortgage term and interest rate and some other factors as well. The amortization chart indicates what your interest and principal payments will end up being over the term of your mortgage.