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Rough estimate based on a 43% debt-to-income guideline with an allowance for taxes, insurance and mortgage insurance. Down payment defaults to 3.5%, the FHA minimum. The rate shown is a starting assumption you can change — it is not a quoted rate. Not a quote, an offer, a pre-approval, or a commitment to lend.
Principal and interest only. Excludes property taxes, insurance, HOA dues and mortgage insurance. The rate shown is a starting assumption you can change — it is not a quoted rate. Not a quote, an offer, or a commitment to lend.