Alaska Mortgage Calculator

• Use this calculator to estimate how much of a mortgage you can afford. This is estimate based on limited information, please fill out the Apply Online for a complete Loan Estimate.
  
  

  Loan Parameters

  Loan Purpose

  Purchase a new home Refinance my home Refinance my home - I want cash back
  

  Property Type

  Single Family Condominium
  

  Annual Income ($)

  
  

  Cash on Hand ($)

  
  Limit Downpayment to Minimum Required
  

  Loan Type

  30 Year Fixed Conventional @ 5.500% (1.817pts, 5.697% APR)30 Year Fixed Conventional @ 5.875% (0.641pts, 5.965% APR)15 Year Fixed Conventional @ 5.250% (1.059pts, 5.464% APR)30 Year Fixed VA @ 5.250% (2.094pts, 5.660% APR)30 Year Fixed VA @ 5.625% (0.828pts, 5.921% APR)
  

  Credit Score

  Excellent - FICO >=780 Excellent - FICO >=760 Excellent - FICO >=740 Good - FICO >=720 Good - FICO >=700 OK - FICO >=680 OK - FICO >=660 Low - FICO >=640 Low - FICO >=620
  

  Total minimum loan amount you pay each month (ie car payments, credit cards, student loans, mortgages on 2nd homes, etc) ($)

  
  
  
  
  

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  Results

  
  Your estimated maximum home price is $410,659.
  
  

  Overview

  Description	Amount
  Max Purchase Price	$410,659
  Loan Amount	$356,088
  Downpayment	$54,572
  Total Settlement Charges	$5,246
  Total Cash Used	$59,818

  
  
  

  Monthly Payments

  Description	Amount
  Principal & Interest	$2,106
  Homeowner's Insurance ($1,790/yr)	$149
  Property Tax ($6,160/yr)	$513
  PMI	$231
  Total Monthly Payments	$3,000

  
  
  

  Origination Charges

  Description	Fee
  Origination Charge	$95
  Points	$2,283
  Origination Charges Subtotal	$2,378

  
  
  

  Other Settlement Charges

  Description	Fee
  Appraisal Fee	$850
  Title Settlement or Closing Fee	$495
  Lender's Title Insurance	$1,368
  Government Recording Charges	$155
  Other Settlement Charges Subtotal	$2,869

  
  

  Total Settlement Charges

  $5,246