How Much House Can You Afford?
Trying to find the right home loan can be difficult. Finding a loan to purchase real estate in a resort town like Park City can be even more confusing. With literally thousands of lenders to choose from, borrowers can easily become overwhelmed and many won't understand the intricacies of purchasing in a resort market. Please feel free to use the mortgage calculator below to get an idea on financing, but I strongly recommend talking to a local Park City lender who understands our market.
Feel free to contact me for a list of qualified professionals.
This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate.
This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.
Contact us for more information about financing your next real estate purchase.