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.

I would be happy to refer you to some very good mortgage contacts I have in the area, or to help you in any other way I can to secure the best possible rate for your home purchase.

Use the mortgage calculators below to assist you in making some 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 your financial institution 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. If you are planning on making Advanced Payments try this calculator.

Mortgage Affordability Calculator 

Are you ready to purchase a home for the first time? Can you afford a mortgage payment? The Mortgage Affordability Calculator will help you estimate a home loan amount that you can afford based on income, debt, down payment, etc. After you have established a dollar range that you can afford, find out which loan is right for you.

Ballon Payment Calculator

For those expecting to remain in their home for a relatively short period of time. Balloon mortgages are getting more popular since they often provide lower rates than conventional 30 year mortgages while still giving a fixed payment schedule for 5 or more years.

Mortgage Income Calculator

The Mortgage Income Calculator will determine the income required to qualify for the specific loan using the specified qualification ratios.

Upfront Cost Calculator

Use the Upfront Cost Calculator to find how much does this loan Really Cost.
In addition to interest rates and the term of the loan, there are upfront costs when securing a mortgage that should also be taken into consideration.