I recently sat across from a couple who were days away from losing their earnest money on a house in Madison. They’d done what everyone does: they sat on their couch for three months, plugged numbers into the Summit Credit Union Mortgage Calculator, and assumed that the "monthly payment" displayed was the check they’d actually be writing. They didn't account for the fact that property taxes in Dane County can fluctuate wildly based on recent assessments, nor did they realize that their specific debt-to-income ratio would trigger a higher interest rate than the "as low as" teaser they used in the tool. By the time they got to the actual underwriting stage, their real
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