Puerto Rico Mortgage Calculator

Puerto Rico Mortgage Calculator With PITI, PMI, and HOA

  • Conv
  • FHA
  • VA
  • Jum/Non
  • USDA

$1,918
*This is an estimate and varies based on credit score.

Total Monthly Payment

Principal and Interest:
1,918
PMI:
277
Property Tax:
333
Homeowners Insurance:
100
HOA/Other:
0
Est Total Payment:

2,632

$1,951

Total Monthly Payment

Principal and Interest:
1,951
PMI:
205
Property Tax:
333
Homeowners Insurance:
100
HOA/Other:
0
Est Total Payment:

2,189




$1,987

Total Monthly Payment

Principal and Interest:
1,987
Property Tax:
333
Homeowners Insurance:
100
HOA/Other:
0
Est Total Payment:

2,148

Total Monthly Payment

Principal and Interest:
1,918
Property Tax:
833
Homeowners Insurance:
100
HOA/Other:
0
Est Total Payment:

6,043

$1,987

Total Monthly Payment

Principal and Interest:
1,987
Property Tax:
333
Homeowners Insurance:
100
HOA/Other:
0
Est Total Payment:

2,148

Debt to Income Calculator

Car payment, minimum credit card payments, student loan monthly payments, child support, etc. Not utility bills or rent.
Front Ratio
Back Ratio
/
50%
/
50%

Puerto Rico Mortgage Calculator With PITI, PMI, MIP, HOA, and DTI

Debt to Income Ratio Mortgage Calculator For Conventional Loans in Puerto Rico

The Puerto Rico mortgage calculator powered by Gustan Cho Associates will give you the most accurate monthly total and the most accurate monthly home loan housing payment than any other online mortgage loan calculator. There is no other online mortgage calculator like Gustan Cho Associates Puerto Rico Mortgage Calculator in the nation. Most online house calculators will only give you the principal and interest payment and have no separation on the type of mortgage loan program. Gustan Cho Associates Puerto Rico mortgage calculator gives you the PITI, PMI, MIP, HOA, and to top it off, the front-end and back-end debt-to-income ratio. The team at Gustan Cho Associates developed the Best Mortgage Calculator due to the fact there was no online calculator that was accurate and gave borrowers all components of the monthly housing payment. Gustan Cho Associates mortgage calculator has five different types of selections:

  1. Conventional Loans
  2. FHA Loans
  3. VA Loans
  4. Jumbo Loans
  5. Non-QM Loans

Why Is Gustan Cho Associates Puerto Rico Mortgage Calculator Different Than Others

The Puerto Rico Mortgage Calculator is very easy to use. You can compute all components of your housing mortgage payment in a matter of minutes. The first step is to start by checking the mortgage loan program of your choice on top of the mortgage calculator. The selection choices are conventional loans, FHA loans, VA loans, Jumbo loans, and non-QM loans. This step is very important because the calculator computes the private mortgage insurance on conventional loans, FHA upfront and annual mortgage insurance premium, and the VA funding fee by populating these numbers on Gustan Cho Associates Puerto Rico Mortgage Calculator.

Online Puerto Rico Mortgage Calculator With PITI, PMI, MIP, HOA, and DTI

The Puerto Rico Mortgage Calculator powered by Gustan Cho Associates has the most accurate estimated monthly housing mortgage payment information for its users. This is because it has all the components of a what every monthly mortgage payment consists from mortgage servicers which is PITI, PMI, MIP, and HOA. As a convenience for our users, Gustan Cho Associates has added the debt-to-income ratio component of the Puerto Rico Mortgage Calculator.

Importance of Having All Components That Make Up The Monthly Housing Mortgage Payment

The reason why most online mortgage calculators are absolutely worthless is that it does not give their users all the components that make up an accurate estimated monthly mortgage payment. Online mortgage calculators generally give you just the principal and interest. It is important which loan program you are applying, to and make sure the PITI, PMI, MIP, and HOA numbers are all part of your monthly mortgage payment.

PMI, MIP, and VA Funding Fee

The private mortgage insurance factor is a rough estimate based on a median of 680 FICO score borrowers with a 5% down payment. It may be wise to contact your loan officer or you can contact us for a more accurate quote on your conventional loan PMI. Everything else on other loan programs should be spot on. The 1.75% FHA upfront mortgage insurance premium is added to the loan balance and is part of the total mortgage payment calculations. The annual FHA 0.85% mortgage insurance premium is populated on Gustan Cho Associates Puerto Rico Mortgage Calculator to give you that exact accurate monthly payment you are looking for. The VA funding fee has been factored on the VA Puerto Rico Mortgage Calculator.

How To Use The Puerto Rico Mortgage Calculator

Select the loan program. Start by entering the purchase price of the subject property. You then enter the down payment. Enter the mortgage interest rate quoted to you or contact us at rates@gustancho.com for a quote. Enter the term of the loan.  This will give you the principal and interest portion of your mortgage payment which most online calculators only give you. However, with Gustan Cho Associates Puerto Ricon Mortgage Calculator, you will get all components of the monthly mortgage payment. Continue by entering the property tax and homeowners’ information along with the HOA dues. You now have the complete monthly mortgage payment.

Front and Back-End Debt-To-Income Ratio

The monthly mortgage payment will populate the DTI side of the mortgage loan calculator. Enter all of the minimum monthly debt payments in the box that says Minimum Monthly Debt Payments. Then enter the monthly or yearly income. You now have calculated the front-end and back-end debt-to-income ratio.


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