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Compass Mortgage
IHDA/MCC Mortgage Calculator
Purchase Decision Making Calculator *
This calculator will assist you in your purchasing options. Call
Jason Fowler
for current rates and/or assistance. Set your browser to update "Every visit to the Page" for it to work properly. **
Client First Name:
Client Last Name:
Purchase Price:
Taxes:
% of Purchase Price
Annual
Monthly
Homeowners Insurance:
Percentage
Annual
Monthly
Home Association Fee:
Annual
Monthly
OPTION 1
Program:
None
30 Year Fixed IHDA
Down Payment/Loan Amount:
% Down
$ Down
$ Loan Amount
Interest Rate:
Est. Closing Costs:
Calculate Mortgage Insurance: (if required)
No
Yes
Yes, Manual Entry
Manual MI Rate:
OPTION 2
Program:
None
30 Year Fixed MCC
Down Payment/Loan Amount:
% Down
$ Down
$ Loan Amount
Interest Rate:
Est. Closing Costs:
Calculate Mortgage Insurance: (if required)
No
Yes
Yes, Manual Entry
Manual MI Rate:
Second Mortgage Program:
None
30 Year Fixed
Second Mtg Interest Rate:
Second Loan Amount:
% of Purchase Price
$ Loan Amount
OPTION 3
Program:
None
30 Year Fixed MCC
Down Payment/Loan Amount:
% Down
$ Down
$ Loan Amount
Interest Rate:
Est. Closing Costs:
Calculate Mortgage Insurance: (if required)
No
Yes
Yes, Manual Entry
Manual MI Rate:
MCC Income Tax Info
Annual Gross Income:
Filing Status
Married Filing Jointly
Single
Married Filing Separately
Head of Household
No. Exemptions include self
1
2
3
4
5
6
7
8
9
10
Pop-up Blocker Enabled?
No
Yes
* This calculator is not used to quote rates. Closing costs listed are only an estimate. Please consult Jason Fowler for current rates and closing costs.
** If you need help changing your browser,
please contact Tom Simmons at 630-836-2534.
Return to Jason's Home Page
NMLS# 21808
Illinois Residential Mortgage Licensee: License #5795
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