To find the right mortgage for your financial situation, use our mortgage calculator as a guide to figure out your estimated monthly payments, interest and principal rates, and the length of the mortgage.
Generally, a mortgage payment consists of PITI: Principal, Interest, Taxes, and Insurance. Principal is the monthly payback of the loan amount; Interest is the monthly payment of the cost to borrow the principal amount; Taxes consist of Real Estate taxes, which is paid to a local government agency; and Insurance deals with Homeowners insurance and any mortgage insurance (paid to protect the mortgage company). Buyers should also be aware that there are many types of mortgages, two of the most popular mortgages are: fixed and adjustable. Fixed mortgages have fixed interest rates and terms (e.g., 15 or 30 years). Principal payment and interest won’t change during the term, and both the interest rate and term are determined at the beginning of the mortgage. Adjustable mortgage rates, or ARM, are different from fixed mortgages in that the interest rate will go up or down depending on the current interest rate levels. The same can be said about the monthly principal and interest payments.
* (30 years = 360 months, 25 years = 300 months, 20 years = 240 months)
30 yr fixed mortgage
15 yr fixed mortgage
30 yr jumbo mortgage
15 yr jumbo mortgage
Rate update: 02-27-2015
"Rodney Bean Your Real Estate Expert in Green Valley, NV"
Rodney brings to the table 25 years of real estate investing experience as well as over 30 years of experience running a building contracting business in the Las Vegas metropolitan area.
As an agent who is proud to represent clients with the full support and resources provided by Keller Williams Realty Southwest, Rodney is committed to the ideals of providing exceptional customer service while meeting the demands and exceeding the expectations of his clients. His company specializes in helping those who have been affected by the economy over the past few years, and Rodney himself specializes in working with business owners, professionals and investors. However, no client's needs are too big or too small for him to handle.
"I will always negotiate the best deal possible for my clients," Rodney explained. "I know the area better than anyone and have been rehabbing properties for more than 25 years. My client's satisfaction is of the utmost importance to me and my team and I will do whatever it takes to find or sell our clients' homes."
Along with his Realtor® license for the State of Nevada, Rodney received his bachelor's degree from UNLV. Outside of real estate, he has served as a Boy Scout leader for 25 years and has coached youth basketball and golf. He is the proud parent of 6 children and grandparent to 8 grandchildren.
Talk to Rodney today to learn how you can become a part of his legacy of success.