Mortgage Calculator & Rates

Offering a comprehensive overview of mortgage rates and the utility of a mortgage calculator to provide valuable information to you- the homebuyer. You can customize the fields further based on your specific down payment with current rates below.

mortgage

Understanding Mortgage Rates

Mortgage rates are a critical factor in determining the affordability of a home loan. They are influenced by a variety of factors, including ->

01

Economic Conditions

Interest rates can fluctuate based on economic health, inflation, and central bank policies.

02

Loan Terms

Shorter loan terms often come with lower rates compared to longer-term loans.

03

Credit Score

A higher credit score can help secure a lower mortgage rate.

04

Loan Type

Different types of loans (fixed-rate, adjustable-rate, FHA, VA, etc.) have different rate structures.

Current
Mortgage Rates

Staying updated with current mortgage rates can help you make informed decisions about when to buy or refinance a home. Here are some general categories of mortgage rates.

California Mortgage Rates
30 Year Fixedloading...
15 Year Fixedloading...
5/1 ARMloading...

Fixed-Rate Mortgages

These loans have a consistent interest rate for the entire term, providing stability in monthly payments.

Adjustable-Rate Mortgages

Also called ARMs, these loans have an initial fixed rate for a period, after which the rate adjusts periodically.

FHA & VA Loans

Government-backed loans that often offer more favorable terms for eligible borrowers.

Use our Mortgage Calculator

Our mortgage calculator is a handy tool that helps you estimate your monthly mortgage payments. Simply input the loan amount, down payment, interest rate and  loan term to get an estimate.

mortgage calculator

Get Started Today.

Buying & Selling your home or investment property is the start of a new beginning. We are here to provide objective advice to help you achieve your goals. Whether you are simply interested in what your home is worth today- or what to buy, our friendly team are happy to have a no obligation chat.

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HomeSmart Evergreen Realty
515-B S. Myrtle Street
Monrovia, CA 91016

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