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MORTGAGE HELPERS
The mortgage qualifier will
help you determine how much house you can afford. Our mortgage calculator
allows you to change variables that make up a mortgage payment so that
you can fine tune an estimated mortgage payment. These Utilities will
open in their own window so you may use them while browsing other real
estate websites.
Mortgage
Calculator - Click here if the mortgage calculator does not open in
its own window.
How to Use the Mortgage Calculator
- Enter in the negotiated sale price of the house.
- Enter in a down payment. (Usually 10% of the sale
price).
- Select an interest rate from the drop down menu.
- Select a term of 15, 20, or 30 years.
- Click the "Calculate" button for the estimated*
monthly payment
Mortgage
Qualifier - Click here if the mortgage qualifier does not open in
its own window.
How to Use the Mortgage Qualifier
- Enter in your Gross Monthly Income.
- Enter your long term debt payments (monthly payments).
- Enter your estimated annual property taxes.
- Enter your estimated annual homeowners insurance
- Select a desired interest rate.
- Enter your maintenance fees (if applicable).
- Click the "Calculate" button to figure
your estimated* maximum mortgage price.
* Disclaimer: These figures
that are calculated are estimates. Interest rate data may change, causing
our estimates to be slightly different that actual amounts.
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