BB&T Mortgage Rates and Calculators


BB&T Online Banking » BB&T Mortgage Rates and Calculators

BB&T Mortgage calculators help users determine the mortgage terms that work best for their financial situation. They help them make an informed choice before taking out a mortgage loan. For a detailed description of the mortgage loans offered by BB&T follow this link.

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Rates

Those interested in applying for a BB&T mortgage can get a breakdown of the expected rates on a fixed rate mortgage by clicking here. For all other mortgage products, applicants must visit a branch location or calling customer service at 1-888-946-8730.

BB&T Mortgage Rates

Calculators

 

How to Calculate

 

This calculator helps applicants determine how much they can afford to spend on a home based on the down payment and monthly payments they are willing to make. The variables required for computation are given below:

  • Down payment
  • Total monthly payment
  • Term (years)
  • Interest rate
  • Loan to value ratio
  • Property tax per year
  • Property insurance per year

Click “See Your Results” to compute.

 

 

This calculator helps loan applicants determine how much they will be paying on a monthly basis towards a fixed rate mortgage for a given loan amount, term and interest rate. The variables required for computation are as follows:

  • Loan amount
  • Interest rate
  • Term in years
  • Appraised value
  • Annual property tax
  • Annual property insurance

Click “See Your Results” to determine the payments.

 

This calculator comes in handy when a loan applicant wants to determine the monthly payments they will make for a given loan amount over a given loan term. The following entries are required:

  • Loan amount
  • Appraised value
  • Term in years
  • Annual property insurance
  • Annual property tax
  • State and federal tax rate
  • Months before first adjustment
  • Initial interest rate
  • Period between rate adjustments (months)
  • Maximum rate adjustment
  • Minimum rate
  • Maximum rate
  • Margin
  • Index rate
  • Months between index adjustments
  • Index rate change per adjustment
  • Predicted change in rates

Click “See Your Results” to determine the payments.

 

This calculator helps the user determine the loan amount they qualify for. The following variables are required to compute:

  • Monthly income
    • Investment income
    • Wages
    • Other income
    • Rental Income
  • Monthly Payments
    • Student loans
    • Auto loans
    • Rental property loans
    • Other payments
  • Other debts
    • Alimony or child support
    • Credit card payments (monthly)
  • Loan terms you desire
    • Interest rate
    • Term (years)
    • Down payment (% of price)
  • Taxes & insurance you expect
    • Yearly property tax
    • Yearly property insurance

Click “See Your Results” to compute.

 

This calculator helps users compare the monthly payments for fixed rate and adjustable rate mortgages. The following entries are required:

  • Interest rate
  • Loan amount
  • Term in years
  • Charge For Specific Interest Rate
  • Origination Charge
  • Other settlement services
  • State & federal tax rate
  • Purchase price
  • Annual property tax
  • Annual property insurance
  • Years before you sell or pay off loan
  • Your savings rate
  • Regarding the adjustable rate mortgage
    • Months before first adjustment
    • Months between rate adjustments
    • Maximum rate adjustment
    • Minimum rate
    • Maximum rate
    • Margin
    • Index rate
    • Index rate change per adjustment
    • Months between index adjustments
    • Predicted change in rates

Click “See Your Results” to compare.

 

This calculator helps users compare the payments they would have to make for a 15 year and 30 year mortgage. They can pick one based on what they are most comfortable with. The 15 year mortgage will normally have higher monthly payments, but will be the cheaper of the two in the long run.  The entries below are required:

  • Loan amount
  • Interest rate
  • Term in years
  • Charge For Specific Interest Rate
  • Origination Charge
  • Other settlement services
  • Federal & state tax rate
  • Purchase price
  • Property insurance per year
  • Property tax per year
  • Your savings rate
  • Years before selling or paying off the loan

Click “See Your Results” to compare.

 

This tool helps users determine which between renting an buying a home makes more financial sense. The variables below must be entered:

  • Monthly rent
  • Monthly renter’s insurance
  • Yearly rent increase/decrease
  • Purchase price
  • Appreciation/Depreciation rate
  • Your savings rate
  • State and federal tax rate
  • Years before sell/pay off loan
  • Loan amount
  • Term
  • Interest rate
  • Origination Charge
  • Charge For Specific Interest Rate
  • Other settlement services
  • Yearly property tax
  • Yearly maintenance
  • Yearly property insurance
  • Selling costs

Click “See Your Results” to compare.

 

This calculator helps applicants find out the true cost of the loan over its lifetime. The variables below are needed:

  • Mortgage amount
  • Term in years
  • Interest rate

Click “Calculate” to compute.

 

This tools helps applicants compare two loans with different terms to determine which is a better deal . The following entries are required for computation:

Loan Comparison

Loan Comparison

  • Term
  • Interest rate
  • Origination Charge
  • Charge For Specific Interest Rate
  • Other settlement services
  • Terms for loans with adjustable rates
  • Loan Amount
  • Purchase price
  • Taxes and Insurance
  • Years before you sell or pay off loan
  • Savings rate

Click “See Your Results” to compare.

 

 

 

 

 

 

 

 

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