Looking for a flexible, budget-friendly mortgage? A conventional loan offers low down payments, no mortgage insurance with 20% down, and term options that fit your life.
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Our Loan Programs
No matter what your situation is, there is a home financing solution for you. We are ready to guide you through your options and get you the best deal possible!
Curious about what loan option makes the most sense for you? Test it out by using our Comparison Mortgage Calculator…
Our mortgage calculators are for demonstration purposes only and may not reflect actual numbers for your specific mortgage. Contact us and we will walk you through the best possible mortgage scenario for your specific needs!
Total cost after
1 year
years
TOTAL COST
YEARS
Option A
$/mo
Loan Type
Loan Amount
$
Interest Rate
%
Upfront Cost
$
Monthly Payment
$
Lifetime Cost
$
Option B
$/mo
Loan Type
Loan Amount
$
Interest Rate
%
Upfront Cost
$
Monthly Payment
$
Lifetime Cost
$
Estimated Costs
These costs are estimated based the information added in the advanced section. You may adjust these values to suit your particular situation in order to get a more accurate estimate.
Loan Option A
Loan Option B
Loan Amount
$
$
Down Payment
$
$
Interest Rate
%
%
Loan Term
years
years
Taxes & Insurance Included?
Property Tax(1st year)
$
$
Home Owners Insurance(1st year)
$
$
HOA dues
$
$
Home Appreciation
%
%
Upfront Fee
$
$
Total upfront fees
$
$
Total Interest Payments
$
$
Total Principal Payments
$
$
Lifetime Cost
$
$
How We Calculate the Costs
Comparing Mortgage Options
This calculator helps you compare two different mortgage options. It takes into account various factors for each option:
Loan Details:
- Loan type (Conventional, FHA, VA, USDA)
- Loan amount
- Interest rate
- Loan term
- Down payment amount
- Property taxes
- Homeowners insurance
- HOA fees
- Private Mortgage Insurance (PMI) if applicable
- Conventional loans: Typically closing costs (2-5% of loan amount)
- FHA loans: Upfront Mortgage Insurance Premium (UFMIP) of 1.75% of the loan amount
- VA loans: VA Funding Fee (varies based on down payment and use)
- USDA loans: Upfront guarantee fee of 1% of the loan amount
- Monthly mortgage payment (principal and interest)
- Total interest paid over the life of the loan
- Total cost of the loan (including upfront fees, monthly payments, and additional costs)
- Annual home appreciation rate: %
- Monthly payment
- Total upfront costs
- Total cost over the life of the loan
- Break-even point (if applicable)
Check out our other mortgage calculators
Access our top-rated mortgage calculators to expertly assess your financing options, compare various loan types, and make informed decisions for your home buying journey.
About NextGen Financial Services
Your Journey to Homeownership, Made Simple.
At NextGen Financial Services, we believe that securing a mortgage shouldn’t be complicated or confusing. We combine expert financial guidance with modern technology to deliver a faster, smarter, and entirely personalized path to owning your home.
Whether you are buying your very first home, upgrading to a new space, refinancing for better terms, or expanding your real estate investment portfolio, we provide clear, reliable guidance every step of the way.
Why Work With Us?
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A Completely Customized Experience: We don’t believe in one-size-fits-all. We explore multiple loan products to find the exact program and competitive terms that fit your unique financial goals.
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Smarter Technology, Faster Approvals: Our modern process is designed to save you both time and money, delivering competitive rates and low fees without the typical mortgage hassle.
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Trusted Expertise & Advocacy: Backed by over 15 years of proven industry leadership, we proudly partner with clients and real estate agents alike—educating, advocating, and providing dedicated service from pre-approval to closing.
Ready to explore your options?
Contact NextGen Financial Services today for a no-obligation consultation. We are here to help you make confident, informed decisions.
