What I always tell my customers to use as a guideline when trying to figure out what your payments are is the following: at a 5% rate, every $100,000 you borrow is about a $500 mortgage payment. The rates are below 5 right now, so it will be slightly less but it is a good guideline to try and get a picture of what you have to pay.
If you should have any further questions, please feel free to give me a call.
You can search like an agent with the below link and also use the mortgage calculator at the bottom of the webpage.
Thanking you in advance for your attention to this matter.
AnneMarie Encarnacao, SFR, REO
Century 21 Schneider Realty