Tel: (310) 880-4439
Address: 11620 Wilshire Blvd | Suite #900 | Los Angeles | CA | 90025
Carswell, Greenfield & Kunstler
We have been working with Sherry for many years now and value her insight, experience and professionalism. We consider her part of our team.
Los Angeles, CA
Sherry helped us refinance our house, and now I would never use anyone else! She was very clear about our options, she got us an incredible rate, and she walked us step-by-step through the process with the bank. I call her at least twice a year to talk about rates, refinance or the current state of the market. She is always responsive, thorough and knows her stuff!
I'm not a man of many words. I will say this: This woman will do magic! She makes the impossible, possible. She went back to her office after hours a number of times to expedite my loan. I am very thankful and happy to have her on my TEAM. It was a long process! I felt like I was applying for a position in the FBI or CIA. Too much. But got it done and I am very pleased. I look forward to working with her in the near future.
PORTER RANCH, CA
Our experience with Sherry Kia was absolutely amazing. She went above and beyond for us and never left our side during the mortgage process. Applying for a loan can be a very stressful experience, especially if you don't have an experienced pro on your side. Sherry restored our faith in the mortgage lending industry. I will proudly recommend her to everyone I know.
Mortgage Calculator Help
You can calculate the mortgage loan amount from the price of the real estate by providing the down payment percentage.
If you know the mortgage amount you can afford and the cash down payment percentage required, you can calculate the affordable real estate price.
Or if you know the price of the real estate and the loan amout and enter "0" for the down payment percentage, the calculator will calculate the down payment amount and percentage.
Points, Annual Property Taxes, Annual Insurance and Private Mortgage Ins. (PMI) are all optional. If you enter values, the periodic portion of each will be calculated and shown on the schedule. Property taxes and insurance are combined under escrow.
If a borrower does not have cash to cover at least 20% of the purchase price, some lenders will require the borrower to purchase private mortgage insurance (PMI) to cover against a possible default. Premiums are typically 0.5% to 2.0% of the original loan amount. The borrower can drop the insurance coverage once the mortgage balance is less than 80% of the original purchase price. The calculator handles this automatically. (There may be other conditions as well under which the lender will no longer require PMI. One such case might be apprciation of the real estate.)
Points are charges that are normally due at closing. Borrowers (normally only in USA) may select to pay a lender "points" up front in exchange for a lower interest rate. Points are expressed in percent and are calculated on the amount borrowed. 3 points on a $200,000 mortgage equals $6,000. If the user enters points, this calculator includes their value in the summary and as part of the total payment at loan origination on the payment schedule.
The term (duration) of the loan is expressed as a number of months.
60 months = 5 years
120 months = 10 years
180 months = 15 years
240 months = 20 years
360 months = 30 years
Currency and Date Conventions
All calculators will remember your choice. You may also change it at any time.
Clicking "Save changes" will cause the calculator to reload. Your edits will be lost.
11620 Wilshire Blvd
Los Angeles CA 90025