This calculator is for illustrative purposes only and based on information provided by the user. Accuracy is not guaranteed. All loans are subject to approval. Your actual rate, terms and fees may vary. Your Monthly Payment calculations reflect only principal and interest, and amounts for taxes and insurance, if applicable, may increase your actual payment.
The 15-year mortgage loan offers all the advantages of the 30-year loan, plus a lower interest rate. With a higher monthly payment, you'll own your home twice as fast.
30-Year Fixed Loans
Enjoy a 30-year fixed-rate mortgage with interest rates and payments that never change.
Qualified buyers can enjoy government-backed loans with added flexibility.
Stay flexible with an adjustable-rate mortgage that puts the power back in your hands.
The interest rate displayed is for informational purposes only, and is subject to change without notice. APR is the Annual Percentage Rate based on excellent credit (740+). Your actual rate may vary based on your factors.
The rates provided assume the purpose of the loan is to purchase a property, with a loan amount of $200,000 and an estimated property value of $250,000. The property is located in zip code 78732. The property is an existing single family home and will be used as a primary residence. The rate lock period is 45 days and the assumed credit score is 740.
A mortgage of $125,000 for 30 years at 3.87% APR requires a P&I payment of $587.80 per month. Taxes and insurance for escrow payment are not included; your actual payment obligation will be higher. Assumes closing costs paid out of pocket and tax and insurance escrow account created. All rates and programs subject to loan underwriting and approval and may be subject to change depending on individual credit profile and other qualifications
** Amplify’s performance record for closing real estate loans starting from loan application (assuming a completed loan package has been submitted, including an executed purchase contract, if needed) to loan closing. Events outside of Amplify’s control, including but not limited to: market conditions, appraised values, escrow or title delays, or weather-related issues may prolong the process. Your experience may vary.