How Much Can You Afford
This calculator will give you a general idea how much of a mortgage you can
afford based on your down payment and what you want your monthly payments to be.
Other Calculators
Rent Vs. Buy
Use this calculator to figure the differences between renting and purchasing a
home.
Figure Your Loan Options
This calculator will compare two mortgages: one with a lower interest rate and
one with fewer points.
Monthly vs. Biweekly Payments
A biweekly mortgage allows you to make a mortgage payment every 2 weeks
resulting in 26 payments per year versus 12 monthly payments per year, or the
equivalent of 13 monthly payments. The result is a considerable reduction in the
term of the mortgage, as well as savings in total interest paid.
Should You Refinance
This calculator will help you decide whether or not you should refinance your
current mortgage at a lower interest rate. It will also show you how many months
it will take to break even on your closing costs.
Which
is better - 15 or 30 Year Mortgage
This loan comparison calculator will compare a 30 and 15 year mortgage. If you'd
like, you can also enter your own mortgage terms. As you will see, a 15 year
mortgage will allow you substantial interest savings. However, the increased
monthly payment might not be affordable. Consult with one of our brokers for a
more specific estimate of the benefits to you.