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Redding Real Estate
Mortgage Calculator
This Calculator is for here for estimates only.

It is not going to adjust for all circumstances. Please contact me for references to lenders who can be much more specific to your individual needs.

The payment amount from the base of $200,000 includes a default setting for Property Taxes and Mortgage Insurance.

Homeowners Insurance is not included in this estimate! You need add it.

What is PMI ?

"Private Mortgage Insurance" is generally requried by lenders on loans with less than 20% down payment, an amount to partially account for this is included in the calculators default settings.

If you are putting 20% or more down
you can change this setting to zero.

What else about PMI ?

On FHA loans there is also a monthly PMI amount charged and this has not been factored into this calculator. It will add to the monthly payment.


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Realtor Eric Lewis Contact:  Eric Lewis
Owner-Broker of Sunset Real Estate
Sunset Real Estate - Redding
Call (530) 227-7722  -  or e-mail
Sunset Real Estate 
2610 Bechelli Ln, Suite H  -  Redding, CA 96002
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