4323 Sternberg Rd. - Frruitport, Michigan

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This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment.

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real estate questionI am a little upside down in my mortgage and really need to get into a bigger home due to growing family. My thoughts are that my only option is to short sell? My credit is already bruised . How would I go about doing a short sale and getting into a new home? Is it possible? I will loose a ton of money on current home but hope to get back to even on next home? Any sugestions?

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