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Pre-Qualify Yourself using this handy Online Mortgage Qualifier - How much can you afford to purchase?

The calculator below will determine the maximum mortgage you will qualify for and the monthly payment.  This is based upon your current family income and other payment estimates.

Mortgage and Real Estate CalculatorsOnline Mortgage Calculators
      Mortgage Payment Calculator | Mortgage Qualifier-Eligibility Calculator | Income Required to Qualify Calculator | Amortization Table Creator | Land Transfer Tax Calculator

Pre-qualification: Calculate the mortgage you will qualify for along with the monthly payment

 Please enter your information and required values below.
Click the red "Compute Maximum Mortgage & Payment" button when you are finished.

1. Your Annual Family GROSS Income: (change to your income)
2. Annual Property Taxes: (estimate or use value shown)
3. Monthly Heating Costs/Condo Fees: (estimate or use value shown)
4. Your Current Monthly Payments for Loans/Credit Cards:
5. Your Monthly Automobile Lease or other Financing Payment:
6. Current Mortgage Interest Rate (change interest rate to your choice):

Compute Maximum Mortgage Amount & Monthly Payment

This is the Maximum Mortgage amount you can borrow
(based upon the amounts you entered above):
   
Your Monthly Payment for the above mortgage amount would be:

If you want to Calculate the Maximum Purchase Price you can afford, take the "Maximum Mortgage" amount from above and add your downpayment to that amount!

(all calculations assume GDSR of 32% and TDSR of 40%)

 

 

Mortgage and Real Estate CalculatorsOnline Mortgage Calculators
      Mortgage Payment Calculator | Mortgage Qualifier-Eligibility Calculator | Income Required to Qualify Calculator | Amortization Table Creator | Land Transfer Tax Calculator

 

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Etobicoke MLS Real Estate Properties & MLS.CA Homes for Sale  All Pages including SiteMap, Etobicoke Real Estate Blog and Guestbook, Email Kathy regarding homes and properties for sale in Etobicoke, The Kingsway, central Etobicoke, South Etobicoke or Sunny Lea kathy@etobicokehomes4sale.com Copyright © at Etobicoke, Ontario, Canada M9A 3T7 (416) 236-1241  First created - Tuesday, June 6th, 2006, 2006 at 6:06:41 PM -
Last Update of this website: Friday, March 12, 2010 11:18 AM
At this Etobicoke, (Islington Kingsway and or Toronto West ) Ontario, Canada Real Estate Property web site you will find relevant information to help you and your family.

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