The FIBT Mortgage Calculator is a financial tool that helps you estimate your monthly mortgage payment based on the price of the home, down payment, loan terms, and interest rate. It also provides you with an amortization schedule, which shows the breakdown of each payment made over the life of the loan, including the portion that goes towards principal and interest. With a mortgage calculator, you can explore different scenarios, such as adjusting the loan amount, interest rate, or term, to determine how these factors affect your monthly payment. Additionally, you can factor in property taxes, insurance, and HOA fees. Using our Mortgage Calculator can also help you decide whether it makes sense to make extra payments toward your principal or refinance your mortgage. By using a mortgage calculator, you can get a better understanding of your mortgage payments and make informed decisions about your financial future.
Who is FIBT?
First International Bank & Trust (FIBT) is a full-service, family-owned, independent community bank serving a wide range of communities across North Dakota, South Dakota, Minnesota, and Arizona.