Calculators:
Affordability Calculator
This calculator is great because it accounts for Annual Income,
Property Taxes, Heating Bills, Other Debts like: Credit Cards and
Car Loans, as well as the current interest rate. Then the
calculator crunches the numbers and estimates what size mortgage you
can afford and as well as what your monthly mortgage payment would
be.
Monthly Payment Calculator
This calculator is very nice because it's very simple and easy to
use. It calculates what your monthly mortgage payment would be
based upon 3 items: 1. loan amount, 2. interest rate. 3. repayment
period.
Rent or Buy Calculator
This calculator is perfect for the person who is not sure whether
they should rent or buy. It takes into account what your
mortgage payment would be, down payment, property taxes, interest
rate, approximate appreciation, then your current monthly rent and at how
many years you would like your comparison. Then the calculator
crunches the numbers and tells you if you should rent or buy based
upon what will give you the most money.
Buyer's Cost Calculator and Seller's Net Calculator
The Buyer's Cost calculations will help buyers to estimate their total purchase costs might be based upon loan type if applicable, county, taxes, title and escrow fees, insurance, etc.. With this calculator you can also calculate what the total amount a seller will receive from the sale of a open will be. It computes location, title and escrow fees, prorated fees, taxes, realtor fees, and current payoff amounts of any outstanding loans.
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