If you need more complicated financing (ARM, balloons, prepayments, 2nd mortgages, etc.) we can put you in contact with a qualified lender who can give you more accurate information for those types of loans.
Amortization schedules are very helpful for determining what percentage of your payment is applied to principle and what percent it applied to interest. Bankrate.com has one that works very well. While we don't necessarily endorse them as a lender, we're happy to point you over to their free amortization calculator.
Please keep in mind that the mortgage calculator only calculates principle and interest payments. It does not include your taxes which are approximately 2.65% of appraised property value in Denton. You can find the taxable value of your home at www.dentoncad.com. The mortgage calculator also does not include insurance payments which are approximately 1% of the actual value of your home.
