At Sincere Capital Group, LLC, located in Irving, TEXAS USA, we understand that buying a home is a significant milestone in your life. Our user-friendly mortgage calculator is designed to help you take control of your home financing journey. Whether you are a first-time homebuyer or looking to refinance, our calculator will guide you through estimating your monthly payments, comparing loan options, and understanding interest rates. We believe that informed decisions lead to better financial outcomes. Start your journey to homeownership with us, and let our expertise in mortgage brokerage provide you with the clarity and confidence you need.

Enter Loan Amount:

• In the field labeled "Loan Amount ($):", input the total amount of the mortgage you wish to borrow. This is the principal loan amount.

Enter Annual Interest Rate:

• In the field labeled "Annual Interest Rate (%):", input the annual interest rate for the mortgage. For example, if the interest rate is 3.5%, enter

3.5

Enter Loan Term:

• In the field labeled "Loan Term (years):", input the duration of the loan in years. For example, if you are taking a mortgage for 30 years, enter

30

Enter Monthly Property Taxes:

• In the field labeled "Monthly Property Taxes ($):", input the estimated monthly property tax amount for the home. This is the amount you expect to pay each month for property taxes.

Enter Monthly Homeowners Insurance:

• In the field labeled "Monthly Homeowners Insurance ($):", input the estimated monthly cost of homeowners insurance. This is the amount you expect to pay each month to insure your home.

Enter Monthly PMI:

• In the field labeled "Monthly PMI ($):", input the estimated monthly cost for private mortgage insurance (PMI) if applicable. This is typically required if your down payment is less than 20% of the home’s purchase price.

Calculate Total Monthly Payment:

• Once all fields are filled, click the "Calculate" button to compute the total monthly payment.

View Results:

• After clicking the button, the calculator will display the "Total Monthly Payment:" which includes the principal and interest as well as the additional costs for taxes, insurance, and PMI.

Check Inputs if Needed:

• If you see a message stating "Please check your inputs," ensure all fields are filled out correctly and that the values are numerical.

Additional Tips:

• Make sure to enter realistic values based on your financial situation to get an accurate estimate.
• The calculator provides a quick way to understand the financial commitment involved in a mortgage, helping you make informed decisions.