Financial Disclaimer

1. Estimation Only

Our calculator provides estimates based on the information you input. Actual mortgage payments, interest costs, and loan terms may differ significantly depending on:

• Your credit score and credit history
• Current interest rates offered by lenders
• Loan origination fees and closing costs
• Property taxes and insurance requirements
• Private mortgage insurance (PMI) if applicable
• Local and state regulations
• Your specific financial situation

2. Interest Rates

The interest rates shown are benchmark rates and may not reflect your actual borrowing rate. Rates vary by:

• Lender and loan program
• Loan amount and term
• Property type and location
• Loan-to-value (LVR) ratio
• Credit history and financial profile
• Market conditions at time of application

3. Not a Loan Offer

The calculator results do not constitute an offer to lend or a pre-qualification for a loan. Any actual mortgage offer is subject to your application, verification of information, property appraisal, and underwriting approval.

4. Variable Costs Not Included

The calculator does not include many costs that may apply to your mortgage, such as:

• Loan origination fees
• Appraisal fees
• Title insurance
• Property taxes
• Homeowners insurance
• HOA fees
• Utility costs

5. Rate Change Scenarios

Our interest rate change analysis is hypothetical and for planning purposes only. Actual impacts depend on:

• Your loan type (fixed, variable, mixed)
• Timing of rate changes
• Your lender's policies
• Market conditions
• Your refinancing options

6. No Guarantee of Accuracy

While we strive to provide accurate calculations, we make no guarantee regarding the accuracy, completeness, or usefulness of this calculator. Errors may occur, and the calculator may contain bugs or defects.

7. Third-Party Data

Some data used in our calculator comes from third-party sources. We do not control or verify the accuracy of this data. Interest rate data is provided for reference and may not reflect current market conditions.

8. Limitation of Liability

LoanChecker.ai shall not be liable for any indirect, incidental, special, consequential, or punitive damages, or any loss of profits or revenue, whether incurred directly or indirectly, arising from your use of or inability to use the calculator, even if we have been advised of the possibility of such damages.

9. Seek Professional Advice

Before making any significant financial decision, you should:

• Consult with a qualified financial advisor
• Contact your bank or mortgage lender for actual rates and terms
• Review all loan documents carefully
• Consult a tax professional about deductions
• Consult a real estate attorney about contracts