Old West Mortgage, Low Rates and Closing Cost

www.oldwestmortgage.com

585 24th Street, Suite 101 Ogden, Utah 84401 801-393-8618 or 1-800-541-1172

Number of Years:		Step #1: Enter the length in years of your mortgage.
Interest Rate:		Step #2: Enter the estimated interest rate of your loan.
Purchase Price (PP):		Step #3: Enter the purchase price of your home.
Down Payment (DP):		Step #4: Enter the amount of your down payment
		Step #5: Click on [Compute].
Principle (PP-DP):		This is the amount you are financing.
Mortgage Payment:		This is a list of your itemized, monthly payments.
PMI Insurance:	% of DP	Some loans may not require that you have PMI Insurance.
Property Tax:	% of PP = / 12 =	*See note below
Insurance:	% of PP = / 12 =	*See note below
Total Monthly Payment:		And this is your total monthly payment
*Note: You may need to adjust the tax rate and insurance rate for your area.