Skip to main content
_FB_2018-Icons-finalized-cleaned-up_new_FB_2018-Icons-finalized-cleaned-up_newGroup 9
Back
Scroll to top

Home Mortgage Calculator from First Bank

A home mortgage calculator can help you determine your monthly mortgage payments. This will help you financially prepare for that future purchase, whether you are a first-time homebuyer or seeking a vacation home. You can even discover how much money you might save by increasing your mortgage payment with a calculator.

Home Mortgage Calculators from First Bank

Whether you simply want to know how much of a house payment you can afford or you are trying to determine if you should rent a home or buy one, First Bank has a home mortgage calculator that can help.

With our home mortgage calculators you can:

Determine How Much House You Can Afford – Home Mortgage Calculator

What you’ll need to know:

  • Term in years
  • Purchase price
  • Percentage down
  • Interest rate
  • Annual tax
  • Annual insurance

Decide Between Refinancing or Keeping Your Current Loan – Home Mortgage Calculator

 What you’ll need to know:

  • Loan amount
  • Annual property taxes and insurance
  • Term in years
  • Interest rate

Determine Whether You Should Rent or Buy – Home Mortgage Calculator

What you’ll need to know:

  • Monthly rent
  • Yearly rent increase
  • Home purchase price
  • Loan amount
  • Term

Find Out How Much Money You Can Save by Increasing Your Mortgage Payment – Home Mortgage Calculator

What you’ll need to know:

  • Principal balance
  • Interest rate
  • Monthly payment
  • Additional monthly payment

Home Mortgage Calculator

Mortgages from First Bank

First Bank offers a variety of home mortgage options,** including:

  • Conventional loans—Fixed or adjustable rates.
  • Jumbo loans—For higher property values.
  • Government loans—Lower rates and closing costs.
  • Professional loans—For physicians, CPAs, dentists, and attorneys.
  • Construction loans—For land, construction, and home mortgage.

To learn more about our home loan options or how one of our home mortgage calculators can help you prepare for the future, contact or visit your local First Bank branch.


*Member FDIC. Equal Housing Lender. NMLS #474504.
**Loans subject to credit approval.

———

Sources:

Investopedia: http://www.investopedia.com/terms/i/interest.asp?ad=dirN&qo=investopediaSiteSearch&qsrc=0&o=40186

Trending Topics

30-Year Mortgage Rate Forecast Tips

A great way to lock in the best mortgage interest rate is to shop around. By learning how to read a 30-year mortgage rate forecast, homeowners can pinpoint an ideal loan. Here are some useful tips for understanding...

Small Business Loans – Jacksonville NC

Recently, Forbes named Jacksonville, NC #25 in cost of business rankings. The thriving business appeal makes Jacksonville a clear choice for entrepreneurs looking to start or expand a small business. First Bank’s...

Remodeling Loan in Aberdeen, NC

If you live in Aberdeen, NC, and are tired of your floors, kitchen counters, or anything else in your home, consider a remodeling loan from First Bank. First Bank offers a variety of personal loan options that can help you...

Checking Account Offers – High Point NC

High Point, North Carolina is home to over 100,000 people and is considered the “Home Furnishings Capital of the World.” In addition to High Point’s rich history of furniture manufacturing, they have...

Open a Banking Account Online at First Bank

The ability to manage bank accounts online has provided us with financial freedom like never before. Consumers may now make payments, transfer funds or make deposits straight from a computer or mobile device. At First...

How Much Should You Have In Savings at Age 25?

If you’re wondering how much you should have in savings by the time you’re 25, you’re already on the right track. At an age where financial independence becomes increasingly more important, how much you...

Block Out Stress with a Worry-Free Savings Account at First Bank in Sanford, NC

According to research from the American Psychological Association, money is the second-leading cause of stress falling closely behind job pressure. At First Bank, we strive to eliminate money-related stress by offering a...

Open a Triangle Business Checking Account

If you live in Raleigh, Durham, or other part of the North Carolina Triangle, you’ve seen the area’s growth firsthand. The Triangle Business Journal reported in 2018 that Raleigh and Durham’s Gross...

First Bank Loans

Between banks and online lenders, you have a lot of options to choose from when you need a loan. But not all loans are created equal, and First Bank loans are a step above the rest. If you are in need...

Bank Accounts for North Carolina Businesses

If you’re running a business, you want to make sure your finances are in good order. First Bank* offers North Carolina businesses the bank accounts and merchant services tools needed for success. Financial Services...