Realtor Mortgage Calculator This Apify actor calculates detailed mortgage payments and loan information across multiple locations with various loan types. ## Features - ✅ Calculate mortgage payments for multiple locations - ✅ Support for various loan types (30-year, 15-year, ARM, FHA, VA) - ✅ Includes property tax and insurance - ✅ Detailed payment breakdowns - ✅ Amortization schedules - ✅ Total interest calculations - ✅ Async processing for better performance - ✅ Immediate data push (results available as they're fetched) ## Input Parameters The actor accepts the following input: json { "locations": ["New York, NY", "Los Angeles, CA"], "price": 500000, "down_payment": 100000, "loan_type_display": "30-year fixed", "property_tax": 10000, "home_insurance": 2000 } ### Parameters | Parameter | Type | Required | Description | |-----------|------|----------|-------------| | locations | array | Yes | List of locations for calculation | | price | number | Yes | Home purchase price in dollars | | down_payment | number | Yes | Down payment amount in dollars | | loan_type_display | string | Yes | Type of mortgage loan | | property_tax | integer | Yes | Annual property tax in dollars | | home_insurance | integer | Yes | Annual homeowners insurance in dollars | ### Available Loan Types - 30-year fixed - Traditional 30-year fixed-rate mortgage - 20-year fixed - 20-year fixed-rate mortgage - 15-year fixed - 15-year fixed-rate mortgage - 10-year fixed - 10-year fixed-rate mortgage - 7/1 ARM - 7-year adjustable-rate mortgage - 5/1 ARM - 5-year adjustable-rate mortgage - FHA 30-year fixed - FHA-insured 30-year fixed-rate - VA 30-year fixed - VA-backed 30-year fixed-rate ## Output The actor outputs comprehensive mortgage calculations: json { "location": "New York, NY", "loan_details": { "loan_amount": 400000, "interest_rate": 6.5, "loan_type": "30-year fixed", "term_months": 360, "down_payment_percent": 20 }, "monthly_payment": { "principal_and_interest": 2528, "property_tax": 833, "home_insurance": 167, "pmi": 0, "total": 3528 }, "loan_summary": { "total_payments": 1270080, "total_interest": 510080, "total_principal": 400000, "total_with_down_payment": 1370080 }, "amortization_summary": { "first_year_interest": 25920, "first_year_principal": 4416, "year_5_balance": 374382, "year_10_balance": 341256, "year_15_balance": 299874, "payoff_date": "2054-11-12" }, "affordability": { "monthly_income_needed": 10584, "annual_income_needed": 127008, "debt_to_income_ratio": 0.333 } } Results are pushed to the dataset immediately as each location is processed. ## Usage Example ### Via Apify Console 1. Go to your actor's input tab 2. Enter your mortgage details: json { "locations": ["San Francisco, CA", "Austin, TX", "Miami, FL"], "price": 750000, "down_payment": 150000, "loan_type_display": "30-year fixed", "property_tax": 12000, "home_insurance": 2500 } 3. Click "Start" ### Via API ## Use Cases ### Compare Mortgage Rates Across Cities Different locations may have different rates and programs: json { "locations": ["New York, NY", "Texas", "Florida", "California"], "price": 500000, "down_payment": 100000, "loan_type_display": "30-year fixed", "property_tax": 10000, "home_insurance": 2000 } ### 15-Year vs 30-Year Comparison Run twice with different loan types to compare: json { "locations": ["Denver, CO"], "price": 450000, "down_payment": 90000, "loan_type_display": "15-year fixed", "property_tax": 8000, "home_insurance": 1500 } ### FHA Loan with Lower Down Payment json { "locations": ["Phoenix, AZ"], "price": 300000, "down_payment": 10500, "loan_type_display": "FHA 30-year fixed", "property_tax": 5000, "home_insurance": 1200 } ### VA Loan for Veterans json { "locations": ["San Diego, CA"], "price": 600000, "down_payment": 0, "loan_type_display": "VA 30-year fixed", "property_tax": 9000, "home_insurance": 2000 } ### ARM vs Fixed Rate json { "locations": ["Boston, MA"], "price": 550000, "down_payment": 110000, "loan_type_display": "5/1 ARM", "property_tax": 11000, "home_insurance": 2200 } ## Understanding the Output ### Monthly Payment Breakdown - Principal & Interest: Core mortgage payment - Property Tax: Annual tax divided by 12 - Home Insurance: Annual insurance divided by 12 - PMI: Private mortgage insurance (if down payment < 20%) - Total: Complete monthly payment ### Loan Summary - Total Payments: Sum of all monthly payments - Total Interest: Total interest paid over loan life - Total Principal: Original loan amount - Total with Down Payment: Complete cost of the home ### Amortization Details - Early Years: More interest, less principal - Later Years: More principal, less interest - Balance Milestones: Remaining balance at key points - Payoff Date: When loan will be fully paid ### Affordability Metrics - Monthly Income Needed: Based on 28% front-end ratio - Annual Income Needed: Monthly × 12 - Debt-to-Income: Monthly payment as % of income ## Loan Type Differences ### Fixed-Rate Mortgages - 30-year: Lower monthly payment, more total interest - 15-year: Higher monthly payment, less total interest, build equity faster - 10-year: Highest payment, lowest total interest, fastest equity ### Adjustable-Rate Mortgages (ARM) - 5/1 ARM: Fixed for 5 years, then adjusts annually - 7/1 ARM: Fixed for 7 years, then adjusts annually - Lower initial rate, but rate can increase ### Government-Backed Loans - FHA: Lower down payment (3.5%), mortgage insurance required - VA: No down payment for veterans, no PMI ## Tips for Accurate Calculations 1. Down Payment: 20% or more avoids PMI 2. Property Tax: Check local rates (varies widely) 3. Insurance: Get quotes for accurate amounts 4. Loan Type: Consider how long you'll stay in the home 5. Rate Shopping: Compare across multiple lenders ## Error Handling - Missing required parameters are caught and reported - API errors are logged with detailed messages - Failed calculations for specific locations don't stop other locations - All parameters are validated before API calls