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Mortgage Calculator

What's my monthly payment?

This tool can help you calculate your monthly payment.  Property taxes typically run 1% of the purchase price, but depending on where you live in East Baton Rouge Parish they could be a little bit more or less as different areas have different millages.  Also, if the property is your primary residence the first $75,000 of value is exempt from property taxes and this tool will not take that into account.

Lenders typically require private mortgage insurance if your downpayment is less than 20%.  The amount varies with the amount of your downpayment.  But, there are some loans, like VA loans, where private mortgage insurance is not required.  Your best resource is a loan officer who can fill you in on all the details.  I work with several great lenders in the area who can help you.  So, contact me if you want to fine tune these estimates.

Mortgage Calculator

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