Calculators

Affordability Calculator
Before you start looking for a new home, you need to have an idea of how much you can afford to pay for a home. To find this out, you will need to take a closer look at your total monthly household income as well as the debts and regular monthly payments you are already making…
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Buy vs Rent Calculator
Is it financially better to buy a home or to rent? The answer to this question depends upon how much the home costs, how much you are paying for rent, and how much you will have to pay each year in order to maintain your home…
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Canadian Mortgage Calculator
If you live in Canada and are interested in purchasing a home, you will need to plug in a few numbers in order to determine how much your mortgage payments will be…
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Paying off Credit Card Debt with Minimum Payments
Credit card minimum payments may seem convenient on the surface, but only making the minimum payment each month can be quite costly and, it can take you several years to finally get your credit card paid off. …
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How Can I Payoff My Credit Card Debt Sooner?
If you are in credit card debt, you might be interested in setting a goal to have that card paid off by a certain time. In order to reach that goal, however, you need to know how much money you have to send each month in order to have the card paid off by that date…
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How Much Income do I Need in Order to Qualify?
If you have finally found your dream home and you haven’t pre-qualified for a loan yet in order to see how much you can afford when it comes to buying your home, you can work backwards instead. By plugging in certain information, such as the cost of the home, how much the interest rate on the loan is likely to be, and how much you will pay as a down payment, you can determine how much your income will need to be to qualify for the mortgage loan on the home you love…
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Interest-Only Calculator
When applying for a mortgage loan for your home, you can choose between a standard loan and an interest only loan. With an interest only loan, you will pay only on the interest when you make your monthly payments and you will eventually be called upon to pay the principal…
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Interest-Only with Additional Payments Calculator
If you take out an interest only loan and then make additional payments, you might be able to save yourself some money over the long haul…
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Mortgage Length Calculator
If you start to pay more or less toward your mortgage each month than the original payment amount, you can save or add a number of years to the length of your mortgage. Even the difference of just $40 can save you a couple of years or add a couple years to the length of your payment…
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How Much Will My Payments Be?
As you can see, your payment will vary depending on how much you will be borrowing, the interest rate, and the length of your loan. Other factors also need to be taken into consideration, such as your taxes, your insurance, and your PMI, all of which are included in your monthly house payment…
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