SERVICES FOR BUYERS - MORTGAGE CALCULATOR

What can you afford?  Making this decision can be difficult, but it is critical to a seamless transition into your new home.  Here are some simple steps to help you find that magic number.

  Calculate your monthly budget—how much disposable income do you have after all other expenses?

  Estimate the purchase price range of your future home

  Add up the following figures:

 Your future home’s annual real estate tax, divided by 12

 Your future home’s annual estimated cost to insure, divided by 12—your insurance agent can help you come up with this figure

 Your future home’s monthly dues (only if there’s a home owner’s association)

 Subtract the above calculated figure from your monthly budget—this will tell you the maximum monthly mortgage payment you can afford

 Enter your maximum payment, your loan’s expected term, and your expected interest rate into a mortgage calculator and have it solve for “loan size”

 Add your calculated “loan size” to your expected down payment—this will tell you the maximum price you can afford to pay for your new home while remaining within your budget

 

 

Quick Inquiry

Contact Us

For All Your Real Estates Needs

Flathead Valley Brokers

431 1st Ave. West (brick bldg behind Insured Titles)
Kalispell, MT 59901

Office: 406-752-8883
After Hour: 406-249-3445
Fax: 406-752-8810

Info@FlatheadValleyBrokers.com
lindap@flatheadvalleybrokers.com

http://www.hotdoodle.com, HotDoodle™ Custom Web Design and Quality Affordable Website Designers for Small Businesses and Professionals
Powered by http://www.hotdoodle.com, HotDoodle™ Custom Web Design and Quality Affordable Website Designers for Small Businesses and Professionals
Multilingual I18n website designers for Websites you Can Edit Site Map http://www.lindaprealestate.com
http://lindaprealestate.com
http://www.flatheadvalleycommercial.com
http://flatheadvalleycommercial.com
Back to Top