Mortgage Information

If you're like most buyers, a home is the most expensive purchase you'll ever make, and you'll probably need some form of financing.

There are many lending institutions that offer a variety of mortgage products that can be tailored to your specific needs. Financing options and rates can vary widely, so it is important to do your research to ensure you get the mortgage that best meets your needs at the best price.

We would be happy to refer you to any of our excellent mortgage contacts within the exclusive RE/MAX Advantage A.S.A.P. Program - or to assist in any other way to secure the best possible financing option for the purchase of your home.  Please feel free to use the mortgage calculators below to get a quick idea of your mortgage comfort level.

 

Mortgage Qualification Calculator

This calculator will help determine how much money you qualify to borrow. The results are informal and generally people opt to finance less than they can fully qualify to borrow. The Purchaser(s) will be subject to a credit approval from the financial institution taking into consideration existing debt load, amount of down payment, income, assets, and other variables.

 

Mortgage Payment Calculator & Amortization Table

This calculator will help determine what your monthly mortgage payments.  The payment will be based on purchase price, interest rate and mortgage term, as well as other factors (property taxes, homeowners insurance & mortgage insurance, if applicable). The amortization table shows what the principal and interest payments will be over the term of the mortgage.