Tools & Checklists

Finding you the best loan program with the lowest interest rates & closing costs is our specialty here at American Liberty Mortgage.  

Our job is to make the process as easy as possible. 

**Disclaimer: These tools are provided for your information only, and all calculations derived from them are merely estimates based on typical transactions.


Purchase price
Please enter here the amount you expect to pay for a home.
Enter a value
Down payment
Down payment is cash that you pay upfront for your home.
Enter a value
Term in years
Number of years you have to pay.
Enter a value
Interest rate (per year)
The percentage of interest that you will pay on your mortgage for a specific term.
Enter a value
Property tax
Enter your property tax here if you know it.
per year
Enter a value
Home insurance
Most lenders require home insurance. Enter its price here.
per year
Enter a value
PMI is Private Mortgage Insurance which is usually required to pay if your Down payment less than 20%.
per month
Enter a value

Your total monthly payment


Principal & Interest


Below are a few documents every loan applicant should have ready once you’ve decided to proceed with the loan:

(Please note:  other documents may be required depending on your loan type)


A photo ID and proof of Social Security Number.

Pay stubs for the most recent 30 days.

Complete bank and investment account statements from the past 2 months.

Evidence of child support received (if shown on your application).

VA loan applicants need Form DD-214 (discharge papers).

Copies of tax bills, insurance declaration pages and mortgage statements for all properties owned.

Any legal documents such as divorce decrees, property settlements, etc.

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