What is the best way to estimate a mortgage...
...payment? I've seen so many mortgage calculators but when I called a bank to get pre-approved the payments were way higher. I got pre approved but here's the numbers: House is 299,000. Taxes are 5,900. Insurance 1300 a year. Mortgage rate is 5.25 for fixed 30 year. If i put down 15k I would expect a payment around 2100 a month give or take a hundred bucks according to almost all online calculators. My bank said my payment woud be closer to 2500. This does not inlcude closing costs (I planned to pay them right away) Am I missing something or is my bank trying to screw me because I make good money and have good credit?
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