Licensed in Nevada, Florida, Tennessee & TexasNMLS #1457434$130M+ funded300+ families financedIndependent broker — 40+ lenders competing for your loanCall or text 702.292.7252
Barrett Financial Group Kristina Graham Loan Originator · NMLS #1457434

Tools

Run the numbers yourself.

Three calculators I use with clients every week. They're estimates, not quotes, but they'll tell you whether a conversation is worth having.

Refinancing an existing loan

A refinance only makes sense if the savings outrun the closing costs before you sell or move again. Send me your current rate, balance and how long you plan to stay, and I'll tell you which of these fits — or that none of them do yet.

Rate and term

Replace your loan with a lower rate, a shorter term, or both. The classic refinance, and the one worth watching for when rates move.

Lower the payment or pay off soonerNeeds enough equity to skip MI

Cash-out

Borrow against the equity you've built and take the difference in cash — for a renovation, a down payment on a second property, or a business.

Equity-rich, need fundsUsually keep 20% in the home

Debt consolidation

Roll high-interest credit cards or a car loan into the mortgage. The rate drops sharply, but you're stretching short-term debt over 30 years — I'll show you the total interest both ways before you decide.

High-rate consumer debtA cash-out refinance

FHA Streamline

If your current loan is already FHA, this skips the appraisal and most of the income documentation. Faster and cheaper than a full refinance.

Existing FHA borrowersNo appraisal in most cases

VA IRRRL

The VA's streamline refinance. Minimal paperwork, no appraisal in most cases, and the funding fee is far lower than on a purchase.

Existing VA borrowers0% down, no MI

Remove mortgage insurance

If your home has appreciated past 20% equity, refinancing out of FHA into a conventional loan drops the monthly MI — sometimes worth doing even without a rate improvement.

FHA borrowers with equityNeeds a new appraisal

Not sure it's worth it? Call or text (702) 292-7252 and I'll run the numbers with you.

See where you'd land before you call.

Move the sliders for a rough monthly payment on a Las Vegas home. When you want the real number, it takes one phone call.

Call or text (702) 292-7252

Estimate your monthly payment

Move the sliders to see roughly where you'd land.

$450,000
$45,000 · 10%
6.375%
$3,142 per month
  • Principal & interest$2,527
  • Property tax (estimated)$206
  • Homeowner's insurance$117
  • Mortgage insurance$169
Call me for a real quote

An estimate only. This is not a quote or a commitment to lend. Assumes a 0.65% property tax rate and $1,400 annual insurance; mortgage insurance is included below 20% down. Your actual rate depends on credit, income, property and program.

What a seller-paid buydown is worth.

On a 2-1 buydown your rate drops two points in year one and one point in year two, then returns to the note rate. The seller or builder funds it up front and it sits in an escrow account that covers the difference each month.

In a slow market this is often easier to negotiate than a price cut, and it puts more money in your pocket in the years you feel it most. Use this to work out what to ask for.

Ask me if a buydown fits your offer

Temporary buydown calculator

Set your loan and note rate, then choose a structure.

$405,000
6.375%
$9,160 seller credit needed
    Run this on a real offer

    An estimate only, not a quote or a commitment to lend. Buydown funds are normally paid by the seller, builder or lender and held in escrow. You still have to qualify at the full note rate, not the reduced one. If you refinance or sell before the buydown period ends, unused funds are generally credited toward the payoff. Program availability varies by loan type.

    What one extra payment a month actually does.

    Every mortgage payment splits two ways. The interest portion is last month's balance times your rate divided by twelve. Whatever is left over reduces the balance. Early on, most of it is interest — which is why the balance barely moves in year one.

    Anything you add on top goes entirely to principal. That lowers next month's balance, which lowers next month's interest, and the effect compounds. A hundred dollars a month on a 30-year loan typically removes several years and tens of thousands in interest.

    To calculate it yourself: take your balance, multiply by your rate, divide by twelve — that's this month's interest. Subtract it from your payment to get the principal. Deduct that from the balance and repeat. Add the extra to the principal side each month and count how many months until the balance reaches zero.

    Ask what this looks like on your loan

    Amortization & early payoff

    Add an extra monthly amount and watch the payoff move.

    $405,000
    6.375%
    $200
    $108,713 interest saved
    Loan balance over time, with and without the extra payment

    Scheduled With extra

    • Regular payment$2,527 + $200
    • Paid off in24 yrs 6 mos
    • Time saved5 yrs 6 mos
    • Total interest, scheduled$504,602
    • Total interest, with extra$395,889
    Talk through a payoff plan

    An estimate only. Principal and interest only — taxes, insurance and mortgage insurance are not included. Assumes extra amounts are applied to principal every month from the first payment. Tell your servicer in writing that extra funds go to principal, or they may hold them as a prepaid future payment instead. There is no prepayment penalty on most standard loans, but check your note.

    Numbers look close? Let's make them real.

    An estimate gets you in the neighbourhood. A pre-approval gets you an offer a seller will take seriously.

    Call or text (702) 292-7252 Send a message