Mortgage Calculators

Purchase Loan Details

Loan Type

Term

Property Price

$500,000.00

Down Payment

3.00%

$15,000.00

Interest Rate

6.875%

+ Advanced

Annual Taxes

Monthly HOA

Hazard Insurance / Year

Mortgage Insurance / Month

Monthly Payments Breakdown

GRAPH | OVERVIEW

Your Payment

$4,299.85

3186.1

Principal &
Interest

416.67

Taxes &
HOA

333.33

Hazard
Insurance

363.75

Mortgage
Insurance

Loan Amount: $485,000.00

Down Payment: $15,000.00 (3.00%)

Rate / Term: 6.875% / 30 years

Total Monthly Payment: $4,299.85

Breakdown: Principal & Interest, Taxes & HOA, Hazard Insurance, and Mortgage Insurance.

Information and interactive calculators are made available as self-help tools for your independent use and are not intended to provide investment advice. All examples are hypothetical and for illustrative purposes only. Please verify exact terms, costs, insurance, taxes, and mortgage program details with your lender.

Disclaimer

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

Universe Financial Corp. is a trusted mortgage brokerage helping homebuyers, homeowners, and real estate investors secure financing solutions across the United States. Our experienced team—led by Principal Alex Bejerano and mortgage professionals Abraham Caballero, Katrina Hernandez, Manuel Llera, Matthew Munoz, and Melody Bejerano provide personalized guidance for home purchases, refinancing, and investment property loans. Universe Financial Corp. provides mortgage services in Alabama, Arkansas, Colorado, Connecticut, Washington D.C., Delaware, Hawaii, Illinois, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Mississippi, Missouri, New Jersey, New Hampshire, New Mexico, New York, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, Washington, West Virginia, Wisconsin, and Wyoming. If you are unsure whether we serve your area, our team can quickly confirm availability and help you explore the right mortgage options for your situation.

Universe Financial Corp.

Mortgage broker helping Miami homebuyers, homeowners, and investors secure competitive financing with a simple, transparent process.

Contact

2530 SW 87 Ave. Suite F
Miami, FL 33165
Phone: (786) 762-2775
Email: [email protected]

Licensing & Compliance

Company NMLS: 2435592
Personal NMLS: 349962
NMLS Consumer Access

Information on this website is for informational purposes only and is not a commitment to lend. All loans are subject to credit approval and underwriting guidelines.