One more additional item that may be included and can be the most important depending on your personal preference is a type of insurance that covers you incase of death or disability. Many people aquire this after the loan is done. Some Banks may have this service so please ask if it can be included and get a quote. This might make a difference in that unfortunate unknown of a death of a partner or spouse, God forbid.
Your have a valid question and I hope this helps. If you are looking for a refinance or to purchase a home, e-mail me at Manuel.Amaya@BBVACompass.com. I would love to help you in any way I can.
Interest only loans are available as well as seller financing and agreements of sale with their own customize terms.
Your FICO score can influence the terms of the mortgage agreement and affect the monthly mortgage payment too.
For current rates and calculator for amortization of mortgages go to the web reference attached.