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.
One of the first steps when considering a home purchase is to get pre-qualified and/or pre-approved for financing. This way, you know what price range works for you and have the confidence that your financing is in order when you find the right home!
Tom can refer a great lender that he has worked with for years that will provide no pressure, complimentary loan pre-approval and consultation.
Use the mortgage calculators below to assist you in making some decisions around financing your new home.
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.
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.