Hi, I've been looking online and can't find a calculator where I say I can afford a total of $$$ per month (Principle/Taxes/Insurance/Interest) included and the calculator tells me how much mortgage I should take. Is there one available?
2006-10-09 14:29:28 · 4 answers · asked by bluefrog 3 in Business & Finance ➔ Renting & Real Estate
I don't know of any that do exactly what you want, but I can point you at two that will provide you with the information your looking for, if you're willing to fiddle with them a bit.
The first one calculates how much of a loan you can afford based on income, current debt, etc.
The second one is an amortization calculator. After you plug in some basic mortgage information, you can plug in some additional principal and see how it affects the mortgage.
2006-10-09 14:58:43 · answer #1 · answered by Jay S 5 · 1⤊ 0⤋
Nope, only a lender/loan officer can answer that question. Too many variables to answer that on a calculator.
2006-10-09 21:40:50 · answer #2 · answered by Mark P. 5 · 0⤊ 0⤋
To get real life answers use this tool:
http://tinyurl.co.uk/mavq
2006-10-10 01:11:11 · answer #3 · answered by Ballistic 2 · 0⤊ 0⤋
try your cell phone calulator
2006-10-09 21:31:55 · answer #4 · answered by Luckys Charm 4 · 1⤊ 2⤋