If the broker doesn't help you out, then ask to get out of your buyer/roker agreement because your agent isn't helping you, then seek another agent that will help.
As Laura said, your lender should provide you with a GFE (Good Faith Estimate), which will breakdown all of the costs associated with your loan.
I suggest that you discuss what your mortgage payments would be (including PMI) with your lender as they are the ones that will have this information. Ask them for a breakdown of the costs. It's called a "Good Faith Estimate".
Good luck to you'!
Prudential Connecticut Realty
You are right, the short sale process is not for the faint of heart. I feel like I have aged a few years during this process...and from what everyone says, it's going smoothly! I think a better, more helpful, agent would have helped us understand the process. I did so much research to learn about homebuying and then had to add in all the short sale terms and complications...it's like cramming for a test in college :)
Thank you again. I will check that calculator out. I tried a few that were too complex. I need a pretty simple estimate: PMI, taxes, downpayment, etc. I already know we are pre-approved and I've also contacted our lender.
Anyway, sorry for rambling. Just wanted to say thank you. Your comment made me laugh. Short sales are a beast!!
It helps to know what to say and that I can ask for a different agent...I thought I was stuck with her through the rest of the sale. Yes, we do have a buyer's agent, but she is not very helpful. The house we want is from the same agency, so we are in a dual agency agreement. I don't know if that is why she's being so sketchy and unhelpful, but it's driving me insane doing so much research on my own. I don't mind the research but it helps to have some guidance. Trulia has been extremely helpful with that and I appreciate it very much.