• Allison Adams

    ABR, GRI, CHMS, RSPS

    Lake Homes Realty

    205-914-2400
    allisonpadams@gmail.com

Mortgage Calculators for Buyers

When you’re shopping for a Tuscaloosa real estate property, there are plenty of things to think about, and the mortgage you can qualify for is just one. However, during the process you’ll be evaluating a number of properties and mortgage options. The ability to “run the numbers,” checking the property financing details with different mortgage and down payment options, is important.

Use the mortgage calculators on this page to help you run those numbers and try different combinations of interest rate and down payment with each home on your list. There’s no substitute for knowledge and preparation.

I also provide you with a NET sheet before you finalize every proposed offer you make. This will show the estimated cost of closing based on your offer, downpayment amount and can incorporate your financing goals.

There are a number of great options for financing. You can call 205-451-5510 to get advice on ways to clean up your credit prior to making an offer (my husband, Chad, is a CPA).

 

Do-You-Qualify.jpg Do You Qualify?
Understanding how much of a mortgage you can qualify for...
Compare-Interest-Only-vs-Principal.jpg Compare Interest Only vs. Principal
Calculate the difference between interest only mortgage & principal mortgages
Calculate-Amortized-Payments.jpg Calculate Amortized Payments
Determine the monthly payment amount based on the amount borrowed & more ...
Meet-a-Payoff-Goal.jpg Meet a Payoff Goal
How much additional monthly payment is necessary to pay off your mortgage?
TaxSavings.jpg Tax–Savings
Estimate the savings in taxes that can be realized due to interest & property taxes!
Compare-Consolidation-and-Re-Financing.jpg Compare Consolidation & Re–Financing  
Compare refinancing a single mortgage vs. consolidating a first & second mortgage ...
Refinancing-a-Mortgage.jpg Refinancing a Mortgage
See the cost and savings of refinancing at a lower interest, net of closing costs...
Compare-Monthly-vs-Bi-weekly.jpg Compare Monthly vs. Bi–weekly
Save more by making one half of your mortgage payment every two weeks ...
Compare-Mortgage-Rates.jpg Compare Mortgage Rates
See the differences in mortgage payments and interest costs at different rates ...
Compare-Term-of-Your-Mortgage.jpg Compare Term of Your Mortgage  
This calculator will compare monthly payments of different mortgage terms ...
    

Find Nearby

  • Hospital
  • School
  • Pharmacy
  • Airport
  • Bank
  • Post Office
  • Nursing Home
  • Church
courtesy_mls.png

Search-Homes-Right-Now.jpg
 
Let-Us-Find-Your-Dream-Home.jpg
 
Receive-Listings-By-Email.jpg

Success Stories
  • Highly likely to recommend 02/03/2015 - herringlorie Bought a home in 2014 in Sommerville, Tuscaloosa, AL 35401. Local knowledge: 5Process expertise:5 Responsiveness:5 Negotiation skills:5 After a bad experience on a "For Sale by Owner" working with Allison made the buying process so much easier. She understood the importance of our budget and only showed listings within our budget.

    Lorie
  • Highly likely to recommend 04/20/2015 - dcook5983 Bought a Single Family home in 2014 for approximately $150K in Duncanville, AL. Local knowledge: 5Process expertise: 5Responsiveness:5 Negotiation skills:5 alison was very friendly, and would go out of her way to get us a showing or show us a house to fit our needs. great experience! she also answered our phone calls or text very promptly there was no waiting around.

    David
  • Bought a Single Family home in 2015 for approximately $175K in Brookwood, AL. Local knowledge:5 Process expertise:5 Responsiveness:5 Negotiation skills: 5 Allison was the ONLY agent that contacted me back out of 6. She was super flexible and accommodated every want or need. She sent me info on every house I inquired without getting pre-approved, while all other agents would not even speak with us until doing so. We fell in love with the very first house we viewed. Everything fell into place and we got everything we wanted. To make things even easier, her husband,Chad Adams just happens to be the finance bank guy so you get two for the price of one! She sold us the house and he financed it. He was extremely down to earth and made things very easy for us. I absolutely recommend Allison and Chad if you are looking to buy a house!! Thanks so much! Hope we remain in touch you guys are great people!!

    New Mom
  • Highly likely to recommend 03/01/2016 - josephbrentbonner Bought a Single Family home in 2015 for approximately $200K in Northport, AL. Local knowledge: 5Process expertise: 5Responsiveness: 5Negotiation skills: 5After a mutual friend gave me Allison's information, we set off on a the house buying journey. She was by far accommodating in my search for the perfect house for me. She did a magnificent job learning what I was really looking for in a house and I think we looked at almost every house in Tuscaloosa until I found the perfect one for me! Did I mention she was patient!!!

    B. Bonner
  • Highly likely to recommend 02/26/2016 - ambuh11 Bought a Single Family home in 2015 for approximately $200K in Northport, AL. Local knowledge: Process expertise: Responsiveness: Negotiation skills: Allison is awesome!!! She helped us with everything we needed to get us the perfect home!!! I highly recommend her!!! She can help you with all your house needs!

    Amber
Recently Tweeted
  • @ArtAllie

    https://t.co/AwORUVCHn3

    14 hrs ago
  • @ArtAllie

    #laketusk https://t.co/KyLNFrcwtD

    15 hrs ago
  • @ArtAllie

    #dogwoods @thelake https://t.co/M5g4AdSqJJ

    2 days ago
  • @ArtAllie

    RT @SouthLoneStar: Photo of alleged terrorist in London. It seems like he's a Muslim. Islam is a cult of death. It needs to be banned EVERY…

    4 days ago
  • @ArtAllie

    RT @SouthLoneStar: Abu Izzadeen's 2010 press conference. What a horrible creature. And he was allowed to preach in England LEGALLY. #PrayFo…

    4 days ago
  • @ArtAllie

    RT @QuotesAndPolls: London, we are with you. #PrayForLondon https://t.co/5OSQIS0Mwl

    4 days ago
  • @ArtAllie

    RT @OfficialZThorne: Thoughts for all families who lost loved ones after today's events in Westminster #prayforlondon https://t.co/jD6XGdpl…

    4 days ago
  • @ArtAllie

    April 13, 2017 https://t.co/T3LTjGKTW3

    4 days ago
  • @ArtAllie

    RT @dailypainter: "Outside Looking In", Oil on Linen, 30x30 inches, 2014. https://t.co/3NH7DzKOZo . https://t.co/d7q32PWDg1

    7 days ago
  • @ArtAllie

    RT @AlabamaSB: We here! 👊 Series rubber match in Starkville at 4:30 p.m. CT! #RollTide #BamaSB https://t.co/tztNrwPHtP

    7 days ago
Social Media