Mortgage Payment Calculator

Eastside Tax Allocation District (TAD)
Mortgage Payment Calculator

loan calculator
Market Purchase Price1 *

* Required fields;
Click on highlighted fields to receive pre-calculated amount;
1 Market purchase price can be no more than $299,475;
2 $144,000 for a one bedroom home; $155,000 for 2 or more bedrooms;
3 TAD subsidy is the market purchase price minus the TAD Sales Price;
4 Taxes are 1.75% of the market purchase price (divided by 12 months);
5 Based on $0.30 per square foot (800 square feet - 1 bedroom, 1,100 square feet - 2 or more bedrooms);
6 Total cost includes monthly payments over the expected life of the mortgage;

Note: These calculations are only estimates and are not a substitute for a good faith estimate based on a specific loan application. Please see a loan officer or mortgage consultant to obtain specific information.
Factors such as credit history, appraisals, and loan origination fees affect mortgage calculations.
For more information on the home mortgage process, including your rights to fair lending, go to http://www.federalreserve.gov/Pubs/
mortgage/morbro.HTM

Number of Bedrooms *
TAD Sales Price2
TAD Subsidy3
Additional Downpayment Assistance *
MORTGAGE LOAN AMOUNT
Interest Rate (in %)
Length of Loan
Principal and Interest
Taxes4
Homeowner Association Fees5
TOTAL MONTHLY PAYMENT IS
TOTAL COST IS (over the length of mortgage)6
                    

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