01
Principal and interest
This pays back the loan and covers the interest charged on it.
MORTGAGE CALCULATORS
Run the numbers before you call.
Estimate a monthly payment, see what price fits your budget or check whether a refinance pays off. Then talk the numbers through with our DeWitt team.
Use a quoted rate, or enter a hypothetical rate to explore. A hypothetical rate is not an offer.
Loan term
Principal & interest + costs entered
Blank costs are excluded. Add taxes, insurance and any mortgage insurance or HOA dues for a fuller estimate.
$···
Enter a valid home price, down payment below the price, and interest rate to see an estimate. Don’t have a rate yet? Call (517) 580-5050 and we’ll talk through today’s options.
- Loan amount
- $292,500
- Down payment
- $32,500
For planning only. Not a quote, preapproval or offer to lend. Your loan officer will confirm real numbers for your loan.
Before taxes, for everyone on the loan.
Car, student loan, card minimums and other loans.
Loan term
28%
A comfortable starting point for many households is around 28%.
36%
Estimated home price
$···
Enter a valid rate and monthly taxes, insurance and HOA estimate to see a planning price. Enter 0 only if a cost does not apply. Don’t have a rate yet? Call (517) 580-5050 and we’ll talk through today’s options.
- Monthly housing budget
- $2,100
- For principal and interest
- $2,100
- Down payment
- $30,000
A budgeting estimate, not a preapproval. Lenders review income, credit, debts and the property before approving a loan.
Find it on your mortgage statement.
Use the rate from your refinance quote.
New loan term
Monthly payment change
$···
Enter valid rates, a loan balance, and remaining years to compare principal and interest. Don’t have a rate yet? Call (517) 580-5050 and we’ll talk through today’s options.
- Months to break even
- Add your rates
For planning only. Not a quote, preapproval or offer to lend. Your loan officer will confirm real numbers for your loan.
What goes into the payment?
02
Taxes and insurance
Budget for the home’s actual property taxes and homeowners insurance, not just the loan payment.
03
Other costs
Mortgage insurance and association dues may add to the payment. Repairs and maintenance need room in your budget too.
How it adds up
Principal and interest
+
Taxes and insurance
+
Other costs
=
Your monthly payment
“He is very knowledgeable, down to earth, and easy to talk to.”
Cole Whitehouse
Want us to check the numbers with you?
A calculator can help you plan. For a payment based on your home and loan options, talk to us.
Talk to us
What to expect when you call
Your questions answered by a local loan officer
Options compared using your own numbers
A clear next step, with no obligation to apply
(517) 580-5050
114 W Main St, DeWitt
Loan approval is subject to credit, property and underwriting requirements. Some loan products may not be available in all states. Terms, rates and fees are subject to change. This website is not a commitment to lend.
Important mortgage disclosures
Payment estimates
Calculators are educational tools. Results use your inputs and assumptions and are not a rate quote, Loan Estimate, preapproval or guarantee. Actual payments and costs may differ. Include taxes, insurance, mortgage insurance and association dues where applicable.
Refinancing and home equity
Refinancing can involve closing costs and may increase total interest or extend repayment. A lower monthly payment does not necessarily mean a lower total cost. Compare the proposed terms with your existing loan. Borrowing against your home puts your home at risk if you cannot repay.
Application and account access
Apply now and Sign in lead to ShayMak’s existing external application portal. Review that portal’s privacy policy and terms before submitting personal or financial information. An application does not guarantee approval or a specific rate.
Company and licensing
ShayMak Mortgage, LLC. NMLS #1989312. Equal Housing Opportunity. Review current company and individual licensing information through NMLS Consumer Access. Program eligibility and availability depend on your situation and location.