Mortgage Resources

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. Financing options and rates can vary widely, so it is important to do your research and shop around to ensure you get the mortgage that best meets your needs at the best price.

I would be happy to refer you to some very good mortgage contacts I have in Plymouth, or to help you in any other way I can to secure the best possible rate for your home purchase.

Use the mortgage calculators below to assist you in making some decisions around financing your new home.

 

Mortgage Qualification Calculator

This calculator will help you determine how much money you qualify to borrow. The results are informal. You will be subject to a credit approval from your financial institution taking into consideration existing debt load, amount of down payment, income and other variables.

 

Mortgage Payment Calculator & Amortization Table

This calculator will help you determine what your mortgage payments will be based on purchase price, interest rate and mortgage term, as well as other factors. The amortization table shows what the interest and principal payments will be over the term of the mortgage.

 

 

While the internet can give us access to many resources, it is important that you use a professional to assist you in navigating the real estate market.  Below are some links and tools:

 

How much house can you afford?

Affordability Calculator

Finance Glossary

 

19 Mortgage Calculators:

   Includes:

-Mortgage Payment Calculators
-Mortgage Principal Calculator
-Should I Refinance?
-Interest -Only Calculator
-Affordability Calculator
-What if I pay more every month?
-What is the real APR for that loan?
-Payment per thousand financed
-Should I pay points to lower my interest rate?
-How much income do I need in order to qualify?
-Rent vs. Buy
-Should I use HELOC to lower my debt payments?
-Paying off credit card debt with minimum payments
-How can I payoff my credit card debt sooner?
-Interests-Only with additionally payments
-Mortgage length calculator
-Standards Vs Bi-Weekly
-Tax Benefits calculator
-Which loan is better?