Mortgage Information

If you're like most buyers, a home is the most expensive purchase you'll ever make, and you'll probably need some form of financing.

There are many lending institutions that offer a variety of mortgage products. Financing options and rates can vary widely, so it is important to do your research and shop around to ensure you get the mortgage that best meets your needs at the best price.

We are happy to refer you to some very good mortgage contacts we have, or to help you in any other way we can to secure the best possible rate and terms for your future home purchase.  If you are considering a refinance of your current mortgage, we can also offer you guidance there as well.

 

Use the mortgage calculators below to assist you in making decisions around financing your new home.

 

Mortgage Qualification Calculator

This calculator will help you determine how much money you qualify to borrow. The results are informal. You will be subject to a credit approval from a lender taking into consideration existing debt load, amount of down payment, income and other variables.

 

Mortgage Payment Calculator & Amortization Table

This calculator will help you determine what your mortgage payments will be based on purchase price, interest rate and mortgage term, as well as other factors. The amortization table shows what the interest and principal payments will be over the term of the mortgage.  You'll also want to keep in mind what the annual taxes will be along with insurance and homeowner's or condo fees involved.