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Compass Mortgage
Mortgage Calculators
Purchase Decision Making Calculator *
This calculator will assist you in your purchasing options. Call your
Mortgage Consultant
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
40 Year Fixed
30 Year Fixed
15 Year Fixed
25 Year Fixed
20 Year Fixed
10 Year Fixed
30 Year FHA Fixed
5 Year Balloon
7 Year Balloon
1/1 Year ARM
2/1 Year ARM
3/1 Year ARM
5/1 Year ARM
7/1 Year ARM
10/1 Year ARM
1 Month Option ARM
3 Month Option ARM
OH Flex 97 30 Year Fixed
Interest Only (IO) Program:
No
Yes
IO Term:
30 Years
25 Years
20 Years
15 Years
10 Years
7 Years
6 Years
5 Years
4 Years
3 Years
2 Years
1 Years
6 Months
3 Months
1 Month
Down Payment/Loan Amount:
% Down
$ Down
$ Loan Amount
Interest Rate:
Points:
% (times loan amount)
$
Est. Closing Costs:
Optional Extra Payment:
1-Time Period
One-Time
Monthly
Dollar
Percent*LA
Arm Caps (Initial/standard/lifetime):
2/2/6
3/2/6
6/2/6
2/2/5
5/2/5
1/1/5
1/1/6
0/0/9.95
Index: (ARMS ONLY)
Margin: (ARMS ONLY)
FHA UFMIP Factor
Calculate Mortgage Insurance: (if required)
No
Yes
Yes, Manual Entry
Manual MI Rate:
Second Mortgage Program:
None
5 Year Interest Only
7 Year Interest Only
15 Year Interest Only
20 Year Interest Only
15/15 Year Closed-End
15/30 Year Balloon
30 Year Fixed
Second Mtg Interest Rate:
Second Loan Amount:
% of Purchase Price
$ Loan Amount
OPTION 2
Program:
None
40 Year Fixed
30 Year Fixed
15 Year Fixed
25 Year Fixed
20 Year Fixed
10 Year Fixed
30 Year FHA Fixed
5 Year Balloon
7 Year Balloon
1/1 Year ARM
2/1 Year ARM
3/1 Year ARM
5/1 Year ARM
7/1 Year ARM
10/1 Year ARM
1 Month Option ARM
3 Month Option ARM
OH Flex 97 30 Year Fixed
Interest Only Program:
No
Yes
IO Term:
30 Years
25 Years
20 Years
15 Years
10 Years
7 Years
6 Years
5 Years
4 Years
3 Years
2 Years
1 Years
6 Months
3 Months
1 Month
Down Payment/Loan Amount:
% Down
$ Down
$ Loan Amount
Interest Rate:
Points:
% (times loan amount)
$
Est. Closing Costs:
Optional Extra Payment:
1-Time Period
One-Time
Monthly
Dollar
Percent*LA
Arm Caps (Initial/standard/lifetime):
2/2/6
3/2/6
6/2/6
2/2/5
5/2/5
1/1/5
1/1/6
0/0/9.95
Index: (ARMS ONLY)
Margin: (ARMS ONLY)
FHA UFMIP Factor
Calculate Mortgage Insurance: (if required)
No
Yes
Yes, Manual Entry
Manual MI Rate:
Second Mortgage Program:
None
5 Year Interest Only
7 Year Interest Only
15 Year Interest Only
20 Year Interest Only
15/15 Year Closed-End
15/30 Year Balloon
30 Year Fixed
Second Mtg Interest Rate:
Second Loan Amount:
% of Purchase Price
$ Loan Amount
OPTION 3
Program:
None
40 Year Fixed
30 Year Fixed
15 Year Fixed
25 Year Fixed
20 Year Fixed
10 Year Fixed
30 Year FHA Fixed
5 Year Balloon
7 Year Balloon
1/1 Year ARM
2/1 Year ARM
3/1 Year ARM
5/1 Year ARM
7/1 Year ARM
10/1 Year ARM
1 Month Option ARM
3 Month Option ARM
OH Flex 97 30 Year Fixed
Interest Only Program:
No
Yes
IO Term:
30 Years
25 Years
20 Years
15 Years
10 Years
7 Years
6 Years
5 Years
4 Years
3 Years
2 Years
1 Years
6 Months
3 Months
1 Month
Down Payment/Loan Amount:
% Down
$ Down
$ Loan Amount
Interest Rate:
Points:
% (times loan amount)