Zestimate mortgage calculator
According to Zillow just half of all home values fall within their Zestimate Range. In the example above a random off-market property in South Carolina the Zestimate Range is 583000 to 697000 a difference of 114000.
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And theres a 50 chance the home is worth more than 697000 or less than 583000.
. Along with mortgage interest rates each lender has fees and closing costs that factor into the overall cost of the home loan. 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. 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.
For example a Zestimate may be 260503 while the Estimated Sale Range is 226638 to 307394. This range can vary for different homes and regions.
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