Home & Community

Tax rates are general-area estimates from Chad's Neighborhoods map — edit if you know the exact rate for a specific property.

Property Tax Exemptions

Select all that apply. The tax estimate automatically adjusts using the selected community's actual school district, city, and county exemption rules.

Loan Details

Edit either field — the percentage and dollar amount stay in sync with the home price. The dropdown above is just a quick way to fill in a common percentage.

PMI varies by credit score and loan-to-value — ask your lender for an exact quote. Cancels automatically once your balance reaches 78% of the home's original value.

Interest Rate

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Each discount point costs about 1% of your base loan amount and typically lowers your rate by about 0.25% — actual pricing varies by lender and market conditions.

Insurance & HOA

Insurance defaults to a rough San Antonio-area estimate once you enter a home price — edit it with a real quote once you have one.

Closing Costs

These default to a rough approximation split across categories (roughly 1% of the loan amount total) — replace each with the real numbers from your Loan Estimate once you have one. Lender/Origination covers underwriting, processing, and origination charges; Title & Escrow covers your title policy and settlement fee; Recording & Government covers deed/mortgage recording and any transfer taxes; Other covers items like appraisal, survey, or attorney fees. Month of closing is used to estimate prepaid interest and tax/insurance escrow reserves below.

Seller Concessions

Maximum seller-paid concessions vary by loan type: Conventional loans (owner-occupied) allow 3% of price with under 10% down, 6% with 10–24.99% down, or 9% with 25%+ down (investment properties are capped at 2% regardless of down payment — not modeled here). FHA and USDA cap concessions at 6% of price. VA loans place no cap on the seller paying your actual closing costs, but this calculator applies a simplified 4% cap to any credit entered here, matching VA's separate cap on non-closing-cost "concessions." A concession can only offset closing costs and prepaids — it can't reduce your down payment, and this estimate caps it at both the loan-type max and your total costs.

Enter a home price on the left to see your estimated monthly payment, full breakdown, and amortization schedule.

This calculator provides general estimates for planning purposes only — it is not a loan quote, pre-approval, or commitment to lend. Actual payments depend on your credit, lender, and the specific property. Contact Chad for a personalized quote from a licensed loan officer.