Simple, Straight Forward Mortgage Advice With ZERO LENDER FEES And The Best Deal on Your Mortgage Loan. My name is Rayce Robinson and I want to thank you for taking the time to visit my website. I guarantee you'll find plenty of helpful information to assist you in purchasing your new home or refinancing your current home loan. I am a mortgage consultant, serving all of Central Florida and the surrounding communities.
If you're planning to buy your next home, your first home, that dream home, a condo, vacation home, investment property or looking for Central Florida home loans, you will find that this site is a complete resource full of insider secrets that will allow you to choose the mortgage program best suited to your financial needs.
I make it fast and easy for all kinds of people-including first-time homebuyers, small business owners, and homebuyers with perfect or less-than-perfect credit to get the Orlando home loan you need for the home you want.Make sure you register to receive my Free Homebuying Guide and Insider Mortgage Reports, browse my Resources section, fill-out a FREE No-Obligation Secure Online Loan Application, or call me in my office at 321-377-4211.
If you're planning to buy your next home, your first home, that dream home, a condo, vacation home, investment property or looking for Central Florida home loans, you will find that this site is a complete resource full of insider secrets that will allow you to choose the mortgage program best suited to your financial needs.
I make it fast and easy for all kinds of people-including first-time homebuyers, small business owners, and homebuyers with perfect or less-than-perfect credit to get the Orlando home loan you need for the home you want.Make sure you register to receive my Free Homebuying Guide and Insider Mortgage Reports, browse my Resources section, fill-out a FREE No-Obligation Secure Online Loan Application, or call me in my office at 321-377-4211.
Services
Rayce is a lifelong resident of "The Sunshine State", and attended Colonial High School and went to the University of Central Florida.
He loves living in Florida and the Florida lifestyle.
When Rayce isn't busy helping clients, he can be found spending time with his wife and three children, hiking, surfing, and playing tennis.
He and his family also support many local activities throughout their community and through their church.
He has been with his wife for over 20 years and realizes being successful in anything starts at home.
He loves living in Florida and the Florida lifestyle.
When Rayce isn't busy helping clients, he can be found spending time with his wife and three children, hiking, surfing, and playing tennis.
He and his family also support many local activities throughout their community and through their church.
He has been with his wife for over 20 years and realizes being successful in anything starts at home.
How much you can borrow from a lender?
Use this calculator to calculate the amount you can afford from the lender's point of view.
Before you start looking for a new home, you need to have an idea of how much you can afford to pay for a home.
To find this out, you will need to take a closer look at your total monthly household income as well as the debts and regular monthly payments you are already making.
In addition, you will need to consider how much money you can put in down payment, the loan interest rate, and the length of the loan.
Use this calculator to calculate the amount you can afford from the lender's point of view.
Before you start looking for a new home, you need to have an idea of how much you can afford to pay for a home.
To find this out, you will need to take a closer look at your total monthly household income as well as the debts and regular monthly payments you are already making.
In addition, you will need to consider how much money you can put in down payment, the loan interest rate, and the length of the loan.
Calculate your monthly payment with applicable financial charges, PMI, hazard insurance, and property taxes.
As you can see, your payment will vary depending on how much you will be borrowing, the interest rate, and the length of your loan.
Other factors also need to be taken into consideration, such as your taxes, your insurance, and your PMI, all of which are included in your monthly house payment.
Even the value of your home will affect your payment.
Since your loan to value ratio is 83.33%, you will also have to pay PMI for 31 months and this will tack on an extra $177.08 a month.
As you can see, your payment will vary depending on how much you will be borrowing, the interest rate, and the length of your loan.
Other factors also need to be taken into consideration, such as your taxes, your insurance, and your PMI, all of which are included in your monthly house payment.
Even the value of your home will affect your payment.
Since your loan to value ratio is 83.33%, you will also have to pay PMI for 31 months and this will tack on an extra $177.08 a month.
Is it financially better to buy a home or to rent?
The answer to this question depends upon how much the home costs, how much you are paying for rent, and how much you will have to pay each year in order to maintain your home.
If you were to pay $800.00 per month, for example, and the average rental payment increase was 4.000%, you would pay $51,996.70 in a 5 year period toward rent.
When you consider your tax benefits and the appreciation of your home, however, you will actually SAVE money by purchasing a home.
The answer to this question depends upon how much the home costs, how much you are paying for rent, and how much you will have to pay each year in order to maintain your home.
If you were to pay $800.00 per month, for example, and the average rental payment increase was 4.000%, you would pay $51,996.70 in a 5 year period toward rent.
When you consider your tax benefits and the appreciation of your home, however, you will actually SAVE money by purchasing a home.
Deciding whether or not you should refinance your home mortgage depends upon several factors.
It also depends upon whether you are looking to simply reduce your monthly payment or if you are hoping to save money in the long run.
Summing up these numbers, we can figure out your total refinancing LOSSES, which will be $174.68.
Disclaimers: The information provided by these calculators is for illustrative purposes only.
There is NO WARRANTY, expressed or implied, for the accuracy of this information or it's applicability to your financial situation.
It also depends upon whether you are looking to simply reduce your monthly payment or if you are hoping to save money in the long run.
Summing up these numbers, we can figure out your total refinancing LOSSES, which will be $174.68.
Disclaimers: The information provided by these calculators is for illustrative purposes only.
There is NO WARRANTY, expressed or implied, for the accuracy of this information or it's applicability to your financial situation.
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