Buying a Home in Colorado
The real estate prices in Colorado continue to rise due to supply and demand. Estimates show that housing prices have risen 21.9% from 2020. Given that the cost of living in Colorado is roughly 34% more expensive than the rest of the country, you would need to make around $100,000 a year in order to live comfortably. According to Zillow, the median price for a home in Colorado is $522,000, a bit more expensive than other western states like Arizona. Colorado is an extraordinarily beautiful state to call home. Unfortunately, beauty comes with a steep price tag.
Refinancing in Colorado
There are countless benefits to refinancing your home loan. Ridding yourself of PMI, lowering interest rates, consolidating debt, and funding home renovations are just some of the many reasons people choose to refinance their mortgages.
Mortgage Calculator: Colorado
Mortgage calculators can help determine your mortgage payment and break down that payment into individual expenses such as taxes, insurance, and HOA fees. Calculate your monthly mortgage payment for a home in Colorado by inputting your loan term, home price, and down payment into the corresponding box on the mortgage calculator.
In addition to the mortgage calculator, we offer a loan comparison calculator, rent vs. buy calculator, and refinance calculator among others. Our goal is to provide clients with a full suite of tools so that they may make the most informed decision possible about their home loans.
Best Mortgages in Colorado
ARM (adjustable rate mortgages), government-insured mortgages (FHA, VA, and USDA-backed mortgages), fixed-rate mortgages, and conventional mortgages are all available to Colorado residents through The Home Loan Expert. If you aren’t sure which of these or other available loans is best for you, then check out a full list of home loan options available to those in Colorado.
The Home Loan Expert
The Home Loan Expert offers Colorado residents the most competitive mortgage rates in the state. We serve the people of Colorado in Denver, Golden, Boulder, Colorado Springs, Aspen, Vail, Aurora, Fort Collins, and many other cities.
The Home Loan Expert has decades of experience in the mortgage industry. We have expanded to 18 states. We look forward to helping you finance your dream home in Colorado.