How Much Can You Afford?

Mortgage Calculator This unique calculator is really four calculators in one!

By entering your information once, the calculator will help you determine loan amounts, mortgage qualification, affordability and whether you should be renting or buying.

Complete the fields below and click Calculate Now. To view the results of each calculation, click on the various tabs. To receive an e-mail containing the results, click on Receive This Detailed Analysis!

Contact me if you have questions, or if I can assist you in locating a favorable financing alternative for your new home!

Scott Russell

Required

Required Must be a number between 1 and 50
Term In Years:
Required Must be a number between 1 and 100
Interest Rate:	%
Required
Cost of Home:	$
Required Cannot be more than Cost of Home
Down Payment:	$
Required
Annual Insurance:	$
Estimate Insurance to 0.43%of Cost
Required
Annual Property Tax:	$
Estimate Tax to 1.2%of Cost
Monthly Income:	$	Required
Monthly Debt:	$	Required

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:

Mortgage Rates

These rates do not reflect rates from specific lenders in this area. The information is provided to you as a general overview.


	RE/MAX Georgian Bay Realty Ltd. Brokerage 7 Main Street, Penetanguishene, ON. L9M 1S6 Office: 705-549-3000 Fax: 705-549-4305	Scott Russell 800-840-6668 705-720-0231

How Much Can You Afford?

Mortgage Rates