Whitney Bank Mortgage Rates and Calculators


Whitney Bank Online Banking » Whitney Bank Mortgage Rates and Calculators

Whitney Bank mortgage calculators can be used to determine how expensive of a house an individual can afford, compare between two different mortgages, calculate monthly mortgage payments, and more. A complete overview of all of the mortgage loans currently being offered by Whitney Bank can be found on Whitney Bank’s mortgage website.

Sponsored Links

Rates

Current Whitney Bank mortgage rates can be viewed here. These rates are only representative, individuals should contact a loan officer for individualized loan offers.

Whitney Bank's Mortgage Rates

Whitney Bank Mortgage Rates

Calculators

How to Calculate

The ‘Home Affordability’ calculator allows individuals to determine how expensive of a home they can afford to purchase or take out a mortgage on. Enter the following inputs into the entry fields, or adjust the sliders for each individual variable:

  • Monthly income
  • Debt expenses
  • Term length in years
  • Interest rate
  • Down payment
  • Annual property taxes
  • Annual home insurance
  • Lending ratios (click to expand the options)

The results will automatically generate within the calculator as any of the above variables are changed/entered.

This calculator will determine various monthly payment information based on a mortgage’s term length. Adjust the sliders within the calculator for the following variables:

  • Home purchase amount
  • Down payment
  • Annual property tax
  • Monthly HOA fees
  • Annual home insurance
  • Loan term length in years
  • Interest rate

The results will display within the calculator automatically, as any of the above inputs are entered/altered.

The ‘ARM Analyzer’ will determine the initial total payment amount for a mortgage in addition to other payment details. Enter inputs into the entry fields for the

following variables, or adjust the calculator’s sliders:

  • Home purchase amount
  • Down payment
  • Annual property tax
  • Annual home insurance
  • Monthly HOA fees
  • Loan term length in years
  • Interest rate
  • Annual rate adjustment
  • Years until 1st adjustment
  • Adjustment terms (click to expand)

The results will automatically generate within the calculator as any of the above variables are changed/entered.

This calculator compares two mortgage loans against one another in order to determine which of the two is the better deal. Enter/adjust inputs for the following variables:

  • Loan amount
  • Term length
  • Interest rate
  • Origination charges
  • Interest rate buy-down
  • Other settlement services
  • Second loan amount
  • Second loan term length
  • Second loan origination charges
  • Second loan interest rate buy-down

Results will update as the variables are altered within the calculator.

The ‘Rent or Buy’ calculator compares the cumulative costs of renting a house versus buying one. Adjust the variables for the following inputs within the calculator:

  • Monthly rent amount
  • Annual renter’s insurance
  • Home price
  • Down payment
  • Annual property tax
  • Monthly HOA fees
  • Annual insurance
  • Term length in years
  • Interest rate
  • Other assumptions (click to expand)

The results will generate to the right of the input fields, as any of the inputs are altered within the calculator.

This calculator will determine how much monthly savings an individual might be able to accrue from refinancing their mortgage. Enter inputs for the following variables:

  • Amount of current loan
  • Current monthly payment
  • Current interest rate
  • New loan amount
  • New interest rate
  • New term length
  • Closing costs

The results will automatically generate within the calculator (located directly to the right of the input fields) as any of the above variables are changed/entered.

Calculates how much quicker a mortgage can be paid off if bi-weekly payments are made in lieu of monthly payments. Based on the following inputs (alter within the calculator):

  • Loan balance
  • Interest rate
  • Monthly payment amount

The results will generate as the inputs are entered/changed.

This calculator will determine the total amount of proceeds (after payment obligations) that the seller of a home will receive. Enter inputs for the following variables within the entry fields (users can also adjust the sliders):

  • Closing date 

  • Sale price
  • Balance of loan
  • Interest rate
  • Payment due date
  • Realtor’s commission
  • Property taxes last paid one (date)
  • Annual property taxes
  • Transfer tax rate
  • Closing fees
  • Second mortgage details (click to expand)

Results will update as the variables are altered within the calculator.

Sponsored Links