What can you afford?
A mortgage calculator can help you answer that question.
So you’ve taken the leap and decided to buy a home. That’s great! But are you aware of what your monthly payments will look like based on the budget you have in mind for your new home? A mortgage calculator is a great tool to help give you a ballpark idea of what you can expect to pay each month and over the lifetime of your mortgage depending on the size of your down payment, taxes, amortization period, and other variables.