Zestimate mortgage calculator

For example a Zestimate may be 260503 while the Estimated Sale Range is 226638 to 307394. Along with mortgage interest rates each lender has fees and closing costs that factor into the overall cost of the home loan.

Va Mortgage Calculator Calculate Va Loan Payments

Zestimate Accuracy.

. When choosing a lender compare official Loan Estimates from at least three different lenders and specifically pay attention to which have the lowest rate and lowest APR. Zillow never claims to be 100 accurate. In the example above a random off-market property in South Carolina the Zestimate Range is 583000 to 697000 a difference of 114000.

And theres a 50 chance the home is worth more than 697000 or less than 583000. This range can vary for different homes and regions. According to Zillow just half of all home values fall within their Zestimate Range.

A wider range generally indicates a more uncertain Zestimate which might be the result of unique home factors or less data available for the region or that particular home. If all the homes within a six-block radius are very similar to each other a Zillow estimate will be much more accurate perhaps within 10 because there are not enough specific variances to throw it off.

How Much Is A Down Payment On A House Zillow