Mortgage Rates

Feel free to use our payment calculator below. This calculator is provided for you as an additional tool to help you calculate any mortgage payments you may need to find the answers in a quick and timely manner. You can contact Vic Kosor from First Capital if you need further assistance at (805) 490-9825.

How much will you be borrowing?

What will be the term of this mortgage (in years)?

What will be the interest rate?

Instructions: Enter numbers and decimal points. No commas or other characters.

This is your principal + interest payment, or in other words, what you send to the bank each month. But remember, you will also have to budget for homeowners insurance, real estate taxes, and if you are unable to afford a 20% down payment, Private Mortgage Insurance (PMI). These additional costs could increase your monthly outlay by as much 50%, sometimes more.