For sale Belize, Corozal, new homes, vacation homes, condos, scuba, design, build, beach front, lots, homes, houses for sale, homes for sale belize
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Evert Hernandez, Broker of Record/Owner Toronto, ON
Cell: (416)802-9598
Work Phone: (416)802-9598
Email Evert
Dream Not of it, but live in it...a home is more than a dream...it's the Art of Living!
Stay FREE in our resort when we sell your home!

How Much Can You Afford? - Toronto: 416.802.9598


 

 


Need a Mortgage? Came to the right place!

Our calculators will help you determine loan amounts, mortgage qualification, affordability or whether you should be renting or buying.

Complete the fields below and click Calculate Now. To view the results of each calculation, click on the various tabs.  To email yourself a copy of the results, click the Receive this Detailed Analysis link.

We'll make sure to get you one of the lowest Interest Rates on the market. 

For additional information please call our office at (416)802-9598 and we will make sure we'll get to your request as soon as possible or send us the form on your detailed analysis...you are in good hands!

Looking forward to serving you!

 

Required Fields
   
    %
$
$  
$  
Estimate Insurance to of Cost
$  
Estimate Tax to of Cost
$
$
Optional Fields
   
   
$
Results
Receive Detailed Analysis  Receive this Detailed Analysis

Your Monthly Payments
 
Loan Amount:
Loan Insurance (%):
Total Loan (Mortgage) Amount:
 
Principal & Interest:
Homeowners Insurance:
Property Taxes:
Condo Fees:
Monthly Loan Insurance (%):
Total Monthly Payment:
Income Needed to Qualify for the Mortgage
Total Monthly Loan Payment:
Total Monthly Debt Payment:
Monthly Loan Insurance (%):
Qualifying Income of % GDS Ratio:
Qualifying Income of % TDS Ratio:
What You Can Afford
We are using the % ratio.
Cost of House:
Down Payment:
Loan Value:
Monthly Principal & Interest:
Monthly Insurance:
Monthly Property Tax:
Monthly Condo Fees:
 
Cost of House = [(Monthly income x Debt Ratio) –
monthly tax – monthly insurance – condo fee] /
(monthly interest rate/ function of interest rate)
Renting
Monthly Rent: $
Annual Rental Increases:  %
Monthly Renter Insurance: $
Savings or Investment Rate:  %
 
Owning
Planned # of years in home: 
Yearly appreciation of the home:  %
Annual home maintenance:  %