MidFirst Bank Mortgage Calculators

MidFirst Bank mortgage calculators are designed to allow users to make informed and accurate decisions regarding their personal finances, specifically in regards to home financing options.

Rates

To view the most accurate rate percentages, users should apply online, over the phone, or by visiting a branch location.

Calculators

How to Calculate

This calculator provides a detailed overview of an individual’s monthly mortgage payment information, including associated loan payoff and amortization schedules. Alter the following variables within the calculator:

-Home details:

  • Purchase cost
  • Down payment
  • Yearly tax
  • HOA fees (monthly)
  • Yearly home insurance

-Loan details:

  • Term length (years)
  • Interest rate

This calculator automatically generates results as variables are altered.

Use this calculator to determine which option makes the most financial sense – buying a home or renting one. The following variables must be entered:

-Rental:

  • Rent (monthly)
  • Renter’s insurance (yearly)

-Purchase:

  • Cost of home
  • Down payment
  • Yearly tax (property)
  • HOA fees (monthly)
  • Yearly insurance
  • Term length (years)
  • Interest rate

The calculator will automatically generate results when one of the above fields are changed.

Determines how much actual profit (proceeds) one might attain from the sale of their home or property. Fill out the following fields:

Sale of home

Sale of home

  • Date of closing
  • Price of sale
  • Mortgage balance
  • Interest rate
  • Due date (payment)
  • Commission (real estate agent)
  • Last date of property tax payment
  • Yearly taxes (property)
  • Tax rate (transfer)
  • Closing costs

This calculator automatically generates results as variables are altered.

Allows users to calculate the maximum purchasing price and monthly payments that they can afford, based upon the following variables:

  • Income (monthly)
  • Expenses (debt)
  • Term length (years)
  • Interest rate
  • Down payment
  • Yearly taxes (property)
  • Yearly property insurance

The calculator will automatically generate results when one of the above fields are changed.

Analyzes two mortgage loans in order for users to gain a more comprehensive overview of their home financing options. Alter the following within the calculator for each individual loan:

  • Amount of loan
  • Term length (years)
  • Interest rate
  • Origination fees
  • Interest rate (buy-down)
  • Various settlement services

This calculator automatically generates results as variables are altered.

The adjustable rate mortgage calculator analyzes the impact of an adjustable rate mortgage by calculating what the monthly payments would be under varying loan terms.

-Home details:

  • Purchase cost
  • Down payment
  • Yearly tax (property)
  • Yearly property insurance
  • HOA fees (monthly)

-Loan details:

  • Term length (years)
  • Interest rate
  • Rate adjustment (annual)
  • Time until first adjustment (years)

-Adjustment:

  • Period
  • Interest rate (maximum)
  • Interest rate (minimum)

The calculator will automatically generate results when one of the above fields are changed.

Used to determine if refinancing a home mortgage is a fiscally sound decision. This calculator uses the following variables:

  • Amount of current loan
  • Monthly payment of current loan
  • Interest rate of current loan
  • Amount of new loan
  • Interest rate of new loan
  • New loan term length (years)
  • Closing fees

Results will automatically be displayed as the above variables are altered.

 

 

 

 

 

 

 

 

 

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