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Buyer Representation

 
This calculator will compute a loan's monthly payment amount based on the principal amount borrowed, the length of the loan and the annual interest rate. Then, once you have computed the monthly payment, click on the "Create Amortization Schedule" button to create a report you can print out. Note that each time you change one of the loan's variables you will need to recalculate the monthly payment before creating the Amortization Schedule.

Longer term loans may take a few moments for the report to be generated.

How much are you looking to borrow?
What is the loan's annual interest rate?
What is the term of the loan in years?
This is the amount of your monthly payment:

Veterans home buying benefits:

If you are a veteran, there are many resources available to you.  One of them is the VA (now called the DVA) mortgage by the Department of Veterans Affairs.

For more information, go to their website at: http://www.benefits.va.gov/homeloans

The DVA also has a toll free information line: 1-800-827-1000

Our mortgage partner, Jean Beisner with Bell Mortgage is also able to answer your DVA home loan questions.  Jean’s direct phone number is:  952-277-3028


Down Payment Assistance:


An abundance of down payment assistance programs have become available in the past year.  Pederson Realty has exclusive access to these programs to help you buy a home.

These programs allow home sales prices up to $300,000 and household income as high as $100,000 + per year.

Contact us today to see if you are eligible for a down payment assistance program.