Which Is Better For You: 15 or 30-Year Loan?
Select a 15 or 30-year term for your fixed-rate mortgage loan.
How much money you’ll need to borrow and what your monthly mortgage payment are two big questions to ask when buying a house. Knowing this information will help decide your price range, as well as costs to prepare for once your offer is accepted by a seller.
BBVA Compass mortgage calculators will help you estimate payments throughout the home buying and mortgage payment process. Choose the calculator that applies to your home buying scenario, then contact us to get the loan approval process started.
Planning to purchase a new home? Regardless of whether you're a first-time home buyer or purchasing a second home, understanding the costs will help you make an informed home-buying decision.
Consider your down payment, credit score, and income to determine how much you can borrow.
Adjust your down payment amount to see the impact on your mortgage payments over time.
Figure out how much you will pay in closing costs based on your home purchase price.
Evaluate the cost of paying points on your mortgage to lower your interest rate.
Weigh the costs of renting vs. buying before taking the plunge.
Discover how much you can save in tax deductions after buying a home.
Which mortgage type and term is right for you? Find the perfect fit for your situation with our variety of mortgage options.
Before you begin making mortgage payments, it's wise to calculate how much your monthly payments will be to determine if you can comfortably afford them.
Calculate your monthly payment for a fixed-rate mortgage loan.
Calculate your monthly payments before and after the fixed-rate period of your adjustable-rate mortgage loan.
Discover how making higher monthly payments will impact the life of your mortgage loan.
Refinancing to a lower interest rate can help lower your monthly mortgage payments—but is it right for you? We'll help you weigh the pros and cons so you can make the right decision for you.