Residential Homes

Financing Calculator

We welcome your interest in the properties built by Regal Builders. The home financing/mortgage calculator below will help you determine how much cash you would need to purchase a new build home with us.

Mortgage Calculator

Tell us about the house you’re interested in and we’ll tell you approximately how much cash you’ll need at closing. Complete the fields below to determine approximately how much cash you would need in order to purchase a particular property. TAB or mouse-click between fields as you enter data and then click the “Calculate” button.  * Required Fields

Based on the information you have provided, you will need the following amounts to purchase a home of with a mortgage amount of .

Downpayment:
Discount Points:
Closing Costs:
Prepaids:
Reserves:
Total Cash:

Your total monthly payment would be:

P&I Payment:
Monthly Tax/Ins. Escrows:
Monthly MI:
Total PITI:
Estimated Annual Percentage Rate:

Disclaimer:

Closing costs are based on an average of customary closing costs around the nation and include a 1% origination fee; your actual closing costs will reflect costs common and customary to your area and may vary according to specific product type selected.

Prepaid expenses include 30-days prepaid interest and 2 month’s escrow for taxes, home owners insurance, and private mortgage insurance, if applicable; actual prepaid expenses may vary according to closing date and property location.

Reserves are funds available to borrower after closing and do not have to be paid to lender.