With mortgage rates on the decline around the Indianapolis area, this is an excellent time to purchase or refinance a home. That process starts with thinking about what you want in a home as well as what you can afford in a mortgage. To make it easier to plan for your future, we are offering a brand-new mortgage calculator on our website.

With our mortgage calculator in Indianapolis, you have a chance to preview how different loan options could impact your mortgage payment schedule over the years ahead.

Calculate Your Home Mortgage

Try putting different loan options into the calculator. Then take a look at the chart which is generated. This will show you how the principal, balance, interest, insurance, taxes, fees and extra payments will change over the lifetime of your mortgage.

After you have used the calculator and tried out a few different possibilities, you should have a much more solid feel as to what you can afford to pay both now and in the future on an Indianapolis home.

This calculator also provides you with insights into the true cost of a mortgage. Many first time homebuyers account for the interest and principal on a mortgage, but neglect to factor in additional costs. Our calculator takes those associated costs into account when generating a projected payment schedule. That way you can be sure that you can truly afford the home you wish to buy.

After using our mortgage calculator in Indianapolis, you probably will have some questions. The loan experts here at Grandview Lending are here to provide you with the answers you need to choose the most affordable type of mortgage available to you.

Apply For a Mortgage at Grandview Lending

If you are ready to begin, please give us a call today at (317) 255-0062. We look forward to having a chance to help you with your mortgage needs in Indianapolis.