MORTGAGE EDUCATION
The home buying process can seem intimidating – but it doesn’t need to be. This comprehensive resource guide will walk you through the process step by step, so, when it comes time to put down roots, you can do so with confidence.
Use these quick calculators to compare and contrast various loan options.
- Mortgage Payment Calculator
- Rent or Buy Calculator
- Home Sale Proceeds Calculator
- How Much Home Can I Afford?
- Compare Mortgage Loans
- Adjustable Rate Mortgage Calculator
- Home Refinance Calculator
- Home Closing Costs Calculator
- Debt-to-Income Ratio Calculator
- Calculate Down Payment on a House
- Mortgage Loan Calculator
As a first-time homebuyer, you’ll need to take a few steps before you figure out how much you can afford to spend on your first home mortgage, and then get pre-approved for a mortgage loan. First Merchants Bank offers an online mortgage calculator, as well as an online pre-approval application process, both of which are designed to be quick and convenient. You also need to decide how much you can afford for a down payment, which may determine whether you choose conventional financing or an alternative, low down payment option.
As a first-time homebuyer, you’ll need to take a few steps before you figure out how much you can afford to spend on your first home mortgage, and then get pre-approved for a mortgage loan. First Merchants Bank offers an online mortgage calculator, as well as an online pre-approval application process, both of which are designed to be quick and convenient. You also need to decide how much you can afford for a down payment, which may determine whether you choose conventional financing or an alternative, low down payment option.
