FREE Mortgage Calculator

 

A home is one of the largest purchases many people will make in a lifetime. It is important to be able to calculate what your payments will be as well as how much you can afford. This calculator should be used to get an estimate of how much your mortgage will cost over the life of the loan. You can also change your figures to see how much you will pay if you add additional payments outside of the regular monthly payment.

Now that you know what to expect with regard to your mortgage payment, the next step is to apply for your loan. Your lender will provide you with information that will tell you how much you will qualify for. You will then be able to begin searching for your dream home in your price range.