Mortgage Calculator*

For Informational Purposes Only
Estimate Your Future Mortgage Payment

Purchase price

Please enter here the amount you expect to pay for a home.

$

Enter a value

Down payment

Down payment is cash that you pay upfront for your home.

$

10.0%

Enter a value

Term in years

Number of years you have to pay.

years

Enter a value

Interest rate (per year)

The percentage of interest that you will pay on your mortgage for a specific term.

%

Enter a value

Property tax

Enter your property tax here if you know it.

$

per year

Enter a value

Home insurance

Most lenders require home insurance. Enter its price here.

$

per year

Enter a value

PMI

PMI is Private Mortgage Insurance which is usually required to pay if your Down payment less than 20%.

$

per month

Enter a value

Your total monthly payment

$

Principal & Interest

$

Home insurance

$

Property taxes

$

PMI

$

*Please note that the interest rate is different from the Annual Percentage Rate (APR), which includes other expenses such as mortgage insurance and the origination fee and or point(s), which are paid when the mortgage is first originated. The APR is normally higher than the simple interest rate.

FIND OUT HOW MUCH YOU CAN AFFORD

Stay Ahead of the Curve

When searching for your dream home, it’s good to know how much you can afford. Use our mortgage calculator to estimate your monthly payments over the life of your loan.

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Why Choose

Good Greek Loan at Waterman Bank

Good Greek Loan offers a customer-focused lending process that matches people with the right loan for their situation. Our customers have the peace of mind that comes from dealing with a financial institution honored to have a long history of outstanding financial services that help people achieve their personal and business goals.

Founded in 1891, Illinois-based Waterman Bank focuses on setting the standard for excellence in financial service products while also realizing the greatest benefit for shareholders, employees and customers. Waterman Bank has mortgage locations in Chicago, Illinois, Waterman, Illinois and West Palm Beach, Florida.

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Call 561-935-3337