BancorpSouth Mortgage Rates and Calculators


BancorpSouth Bank Online Banking » BancorpSouth Mortgage Rates and Calculators

BancorpSouth mortgage calculators allow users to determine how large of a home loan they can qualify for, whether renting or buying is the better option, as well as monthly payment amortization details. BancorpSouth offers adjustable/adjustable rate mortgages, jumbo loans, home refinancing services, as well as home equity line of credit (HELOC) loans. Detailed information regarding the various types of mortgages loans offered by BancorpSouth can be found on this webpage. If you want to learn more about the benefits and drawbacks of the different kinds of mortgages offered by BancorpSouth, advice articles written by BancorpSouth loan officers can be viewed here.

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Rates

Current mortgage rates are available at a BancorpSouth branch location. Click here to search for a BancorpSouth mortgage lender in your area.

Calculators

How to Calculate

The ‘home affordability’ calculator will determine approximately how large of a mortgage loan the user can potentially qualify for, based on the following listed inputs:

  • Monthly income
  • Debt expenses
  • Term length in years
  • Interest rate
  • Down payment
  • Annual property taxes
  • Annual home insurance
  • Loan to value ratio
  • Housing ratio
  • Debt to income ratio

As the inputs are entered/altered the results will display within the calculator.

Compares the cumulative costs of renting a home versus buying one, in order to help determine which option is less expensive. Enter/adjust the following inputs:

  • Monthly rent
  • Annual rental insurance
  • Home purchase price
  • Down payment
  • Annual property tax
  • Monthly HOA fees
  • Annual insurance
  • Loan term length in years
  • Interest rate
  • Evaluation timeframe
  • Annual rent increase percentage
  • Appreciate rate
  • Marginal tax rate
  • Pre-tax savings rate
  • Annual inflation rate

The results will automatically generate/update as the inputs are entered/altered.

The ‘monthly payment’ calculator will calculate various monthly/total mortgage payment details, as well as an amortization schedule. Enter/adjust the following listed variables within the calculator:

  • Home purchase price
  • Down payment
  • Annual property tax
  • Monthly HOA dues
  • Annual home insurance
  • Term length in years
  • Interest rate

Results display/update as the inputs are entered into the calculator.

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