Mortgage Information
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Unless you are purchasing your home with cash, talking to a mortgage broker is the first thing you will need to do before looking at houses. A mortgage broker will work with you and show you a variety of mortgage options that may fit your needs. It is important to understand what you can comfortably afford, and to get 'pre-qualified' before looking at homes to buy.
I have several great mortgage contacts who I can refer you to who have helped many of my clients in the past. |
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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.