Log Home Financing

At eLogHomes our goal is to make your log home buying experience as simple and enjoyable as possible. One of the ways we do this is by providing our customers with assistance in locating log home friendly lenders for construction and permanent mortgage loans... and we've done the leg work for you by locating regional and nationwide lenders who are eager to work with log home buyers and owners! Call (888) 675-3678 to speak with a log home specialist and get all the details! If you have an idea of how much money you're going to borrow, you can use our quick mortgage calculator on this page to calculate your approximate monthly payments and then contact your log home specialist who will be happy to provide you with the names of lenders in your area. In today’s mortgage market it’s more important than ever to line up financing well ahead of time, and eLogHomes is here to help. Your privacy is very important to us. eLogHomes will never sell or share any of your personal informaiton.

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Mortgage Calculator

Sale Price of Home: (dollars)
Percentage Down: %
Mortgage Interest Rate: %
Length of Mortgage: years
Assessed Home Value: (dollars)

The assessed value is used to compute property taxes. On average, properties are assessed at about 85% of their selling price. If you know the actual assessed value for this property, enter it here. If not, leave zero and we'll use 85% of the sale price.

Property Tax Rate: (dollars per $1000)

Property tax rates vary between states and towns. The US average is about $13.80 for every $1000 of the assessed home value.

Condo or HOA Monthly Fee(s): (dollars)
Explain Calculations: Show the calculations and amortization

This mortgage calculator can be used to figure out monthly payments of a home mortgage loan. This calculator automatically factors in PMI for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes based on the mortgaged property's assessed valued.