header Mortgage Qualification

Calculate to find out if you are qualified for a mortgage.

Offer Price of Property: $
Down Payment: $ %
Mortgage Amount:  
Mortgage Insurance: %
Total Mortgage:  
Mortgage Amortization:  years
Interest Rate: %  
Mortgage Payment:
Est. Monthly Property Tax:
50% Monthly Condo Fee:
Est. Monthly Heating Cost:
Cost Per Month:    
Gross Income Monthly Annually
Person 1: $
Person 2: $
Others: $
Total:
Monthly Debt Costs
Loans: $
Charge Cards: $
Others: $
Total:  
Debt Ratios
GDS: %
TDS: %
Result:

 
Interest is compounded semi-annually not in advance. The Interest rate is fixed for the term of the mortgage. The interest rate is usually renegotiated at the end of the term of the mortgage.

This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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