Liberty Mortgage

If you're not local to us, we can do your application by internet and mail and close your mortgage loan at a title company near you anywhere in Indiana or Michigan!

Liberty Mortgage, Inc.
509 W. McKinley Avenue
Mishawaka, Indiana 46545
Telephone 257-0629 or 888-568-1786
Fax 574-257-0632

Payment Per Thousand

If you want to get an idea of what your payments might be, calculate using the factors below. Example: a mortgage of $100,000 at 6% for a 30 year fixed, use 100 X $6.00 per thousand equals a principal and interest payment of $600.00 per month. Remember, taxes, insurance, and PMI, (if applicable) have to be added to this payment.

Interest Rate	15-Year Loan	20-Year Loan	30-Year Loan
4.000%	7.40	6.06	4.77
4.250%	7.52	6.19	4.92
4.500%	7.65	6.33	5.07
4.750%	7.78	6.46	5.22
5.000%	7.91	6.60	5.37
5.250%	8.04	6.74	5.52
5.500%	8.17	6.88	5.68
5.750%	8.30	7.02	5.84
6.000%	8.44	7.16	6.00
6.250%	8.57	7.31	6.16
6.500%	8.71	7.46	6.32
6.750%	8.85	7.60	6.49
7.000%	8.99	7.75	6.65
7.250%	9.13	7.90	6.82
7.500%	9.27	8.06	6.99
7.750%	9.41	8.21	7.16
8.000%	9.56	8.36	7.34
8.250%	9.70	8.52	7.51
8.500%	9.85	8.68	7.69
8.750%	9.99	8.84	7.87
9.000%	10.14	9.00	8.05
9.250%	10.29	9.16	8.23
9.500%	10.44	9.32	8.41
9.750%	10.59	9.49	8.59
10.000%	10.75	9.65	8.78
10.250%	10.90	9.82	8.96
10.500%	11.5	9.98	9.15
10.750%	11.21	10.15	9.33
11.000%	11.37	10.32	9.52
11.250%	11.52	10.49	9.71
11.500%	11.68	10.66	9.90
11.750%	11.84	10.84	10.09
12.000%	12.00	11.01	10.29

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