Cumberland Bank & Trust - A customer service-oriented community bank, serving Montgomery County & Clarksville, Tennessee.

Mortgage Resources

Interested in applying for a Mortgage?

These valuable tools will help in during your Mortgage Process.

 

FAQ’s

Prequalify

To get a sense of how much you may be able to borrow, complete this form and calculate.

Monthly Payment Calculator

Calculates your payment for different loan amounts, interest rates, and amortization terms.

Payment Schedule Calculator

Calculates the breakdown of principal and interest payments in a yearly or monthly format.

Extra Payment Calculator

Calculates how much you can save over the term of your loan by increasing your monthly payment.

How much can I afford Calculator

Calculates your maximum mortgage amount based upon the monthly payment, interest rate, and term that you enter.

How much can I borrow Calculator

Calculates how much you can borrow based on your income, debts and desired loan terms.

Rent vs. Own Calculator

Estimates the benefits of owning a home as opposed to renting.

Fixed Rate vs. ARM Calculator

Compares the difference between a fixed-rate and an adjustable-rate mortgage.

15-Yr vs. 30-Yr Mortgage Calculator

Compares the difference between a 15-year and a 30-year mortgage.

Refinance Interest Savings Calculator

Estimates the benefits of refinancing.

Interest Only Calculator

Calculates the monthly payment for an Interest Only loan.