Calculate a mortgage. Use the calculator to input new amounts. The down payment is set at 20% for a $185k home but change any of the inputs to see the new results. See different interest rates below.
Calculate a 185000 dollar mortgage. Make sure to add taxes,
maintenance, PMI, insurance, fuel costs, etc. Consider a refinance
if rates are much lower than your current APR. Speak with a mortgage broker
and make sure to get several quotes.
Many times, an adjustable rate mortgage (ARM) can offer a better rate but you
can be at risk if the interest rates increase. Sometimes, people can get special
rates based on a group or employment, such as military veterans or doctors.
Additionally, these programs can often offer lower down payments.