Calculate the maximum mortgage amount you qualify for based on your income.
Calculate your mortgage payment. Create an amortization schedule. Discover what you will owe in five years.
Calculate your mortgage payment for several payment frequencies (weekly, bi-weekly, semi-monthly and monthly). Discover how many years you will shorten your amortization.
Calculate your mortgage payment. Discover how many years you will shorten your amortization and how much interest savings you will realize by making a prepayment (lump sum) on your mortgage.
Compare the financial advantage of renting and buying based on your current monthly rent, funds towards your down payment and your desired monthly payment if you purchased a home.