Motif Mortgage was founded in San Luis Obispo, CA in 2023. Our reputation is built on being the lender that exceeds expectations by refining the mortgage process utilizing today’s technology yet maintaining high levels of personal service. Our lending model offers business partners and clients two distinct advantages:
A diversity of products from multiple investors resulting in strong rates and pricing.
The ability to control the process from pre-approval to funding, ensuring a punctual contingency removal and close of escrow.
Our reputation, commitment to service, integrity, and follow-through are at the core of our business.
Payment Breakdown
A breakdown of your total payment so you can see where money is allocated.
per month
- Principal & Interest
- Taxes
- Insurance
- HOA Dues
- PMI
- Extra Payment
- Monthly Payment
- Total Payment
- Home Value:
- Mortgage Amount:
- Monthly Principal & Interest:
- Monthly Extra Payment:
- Monthly Property Tax:
- Monthly Home Insurance:
- Monthly PMI:
- Monthly HOA Fees:
- Total # Of Payments:
- Down Payment:
- Principal:
- Total Extra Payment:
- Total Interest Paid:
- Total Tax, Insurance, PMI and Fees:
- Total of all Payments:
Early Payoff Strategy
Add an extra payment and see how many months you can eliminate on the back end of the loan.
Lump Sum Payment
Shorten your loan term by paying a lump sum all to principal.
Savings
A breakdown of your total payment so you can see where money is allocated.
Cash Savings
Add an extra payment and see how many months you can eliminate on the back end of the loan.
| Origin Loan | New Loan | +/- | |
|---|---|---|---|
| Closing Cost | |||
| Principal | $446.61 | $396.84 | $778.35 |
| Interest | $450.54 | $490.51 | $630.44 |
| Cash savings | $219.78 | $710.68 | $782.01 |
Difference in Equity
Shorten your loan term by paying a lump sum all to principal.
| Original Principal Remaining | |
| New Principal Remaining | $446.61 |
| Difference in Equity | $450.54 |
Payment Breakdown
A breakdown of your total payment so you can see where money is allocated.
per month
- Principal & Interest
- Taxes
- Insurance
- HOA Dues
- PMI
- Extra Payment
- Monthly Payment
- Total Payment
- Home Value:
- Mortgage Amount:
- Monthly Principal & Interest:
- Monthly Extra Payment:
- Monthly Property Tax:
- Monthly Home Insurance:
- Monthly PMI:
- Monthly HOA Fees:
- Total # Of Payments:
- Down Payment:
- Principal:
- Total Extra Payment:
- Total Interest Paid:
- Total Tax, Insurance, PMI and Fees:
- Total of all Payments:
Early Payoff Strategy
Add an extra payment and see how many months you can eliminate on the back end of the loan.
Lump Sum Payment
Shorten your loan term by paying a lump sum all to principal.
Disclaimer:
Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed. We do not guarantee the accuracy of any information or inputs by users of the software.
This calculator does not have the ability to pre-qualify you for any loan program which should be verified independently with one of our Loan Consultants. Qualification for loan programs may require additional information such as credit scores and cash reserves which is not gathered in this calculator. Information such as interest rates and pricing are subject to change at any time and without notice. Additional fees such as HOA dues are not included in calculations. All information such as interest rates, taxes, insurance, PMI payments, etc. are estimates and should be used for comparison only. We do not guarantee any of the information obtained by this calculator.
Please check out our 27 educational articles we put together..
As an education based mortgage company we strive to provide helpful information.
Visit our learning center to learn some great tips about buying a home.
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Why Choose Us?
We have the experience, the social track record, and access to the right resources to get loans done.
