Answer a few questions to Calculate Savings on Your Home
Have you found a home?
(OK to estimate)
$225,000
(OK to estimate, and don't forget to include your 2nd mortgage balance)
$175,000
5.00%
$0
* The equity estimate listed above is based on the home value and current mortgage balance you provided using an 85% loan to value. Actual accessible equity may be higher or lower depending upon the lender, your personal credit profile, and other details.
(Ok to estimate)
$50,000
Have you or your spouse served in the military?
Have you been in bankruptcy or foreclosure in the past three years?
Are you currently employed or can verify your income? That includes wages, pension, and social security benefits.
How many late mortgage payments have you had in the past 12 months?