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: 09-19-2014
"DeAnna Nelson : Real Estate in Phoenix-Tatum Ranch, AZ"
“I am devoted to guiding my clients with integrity both during and after the home buying process. I am a consultant and confidant, not just a Realtor®. My goal is to provide legendary service to achieve trust and earn your business for life.”
DeAnna’s previous background as a business owner and years of experience in the real estate industry has allowed her to acquire the skills that are needed to connect with her clients on both a personal and professional level. As part of the real estate team at The Property Boutique in Phoenix, Arizona, DeAnna has access to all the resources and latest tools to provide her clients with the highest level of service. She specializes in first-time homebuyers, new construction, seasoned buyers and sellers, and is also knowledgeable of the foreclosure market in and around the East Mesa area.(more)
Noted for her innate talent for connecting with people and for her ability to assess their home buying needs, DeAnna takes great pride in delivering what’s expected and beyond to her clients. She makes it a point in staying up-to-date on the latest market conditions and local inventory, staying on top of the latest financing news and rules, and for negotiating the best deal and terms possible for her clients.
DeAnna has lived in the Valley for over 17 years and has operated two businesses in Scottsdale and Tempe. She currently resides in Ahwatukee with her family.