Wayne Longman - Broker-Associate REALTOR e-PRO
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Choosing Your Lender



How Much Can You Afford?



This calculator will help you determine

- loan amounts

- mortgage qualification

- whether you should be renting or buying.

To view the different results of your calculation, click on the various tabs.

P.S.  If you are not a U.S. resident, many lenders will give you a loan if you make a 30% down payment.

 
Required
Term In Years:     
Interest Rate:      %
Cost of Home:  $
Down Payment:  $
Annual Insurance:  $
0.43%of Cost
Annual Property Tax:  $
1.2%of Cost
Monthly Income:  $
Monthly Debt:  $
        
Optional
Gross Debt Service Ratio (GDS): 
Total Debt Service Ratio (TDS): 
Condos Fees:  $

Results
  Receive this Detailed Analysis


Mortgage   Qualification   Affordability   Rent vs Buy    

Your Monthly Payments
 
Loan Amount:    
Loan Insurance ( %):
Total Loan(Mortgage) Amount:
 
Principal & Interest:    
Homeowners Insurance:    
Property Taxes:    
Condo Fees:    
Monthly Loan Insurance (%):    
Total Monthly Payment:    
 


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