Homeward Bound




Mortgage Calculator

HOMEWARD BOUND

Mortgage Calculator

For estimating purposes only. Actual monthly payments should only be relied upon when provided by a qualified lender.

Annual Interest Rate: Projected annual tax savings*: $2,978
Amount of Loan: $ Projected annual ENERGY STAR utility savings*: $1,200
Term in Months:
Payment**: Projected total annual savings*: $4,178 ($348.17 per month savings)
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*Projected annual tax savings calculation based on 5.25% interest rate, a marginal income tax rate of 25%, home price of $200,000, and amount of loan is $190,000. Actual utility savings may vary based on lifestyle and number of family members, and is compared to utility savings in non-ENERGY STAR homes. These calculations are designed for demonstration purposes only. Please see your tax or financial advisor for specific information.
**Payment calculated represents principle and interest only. See your tax or financial advisor for tax, insurance, and mortgage insurance information.