A rough monthly figure to compare homes with. It uses an example rate and your inputs – it is not a lending offer, and no one contacts you after using it.
Your numbers
Estimate
$3,277 / month
principal + interest on a $518,400 loan at 6.5% for 30 years. With example tax and insurance, the all-in figure is about $3,755 / month.
Estimates are illustrative and depend on lender terms. This is not a lending offer, and PrimeNest does not arrange loans.
What the number includes
Principal and interest from your inputs; example tax and insurance are added separately when you fill them in.
What it leaves out
HOA fees, utilities, closing costs and any lender fees are not part of this figure.
Why an example rate
Rates move daily and belong to the lender. The 6.50% default is an illustration you can change.
How to read it
Use it to line two saved homes up against each other. Your lender will price the real thing.
Do you connect me to a lender?
No. We do not arrange loans and do not pass your inputs to anyone.
Why did my figure change?
Rates, terms and down payments are the levers – a longer term lowers the monthly number but raises total interest.
Is this a pre-approval?
No. Pre-approval comes from a lender underwriting your finances; this is arithmetic on your inputs.
Can I use a real rate?
Yes – type the rate your lender quoted and the estimate updates.
Send a tour request and see the home with the monthly picture in hand.