Mortgage Calculators

About every three months, our mortgage lender sends us a letter. It’s to encourage us to pay our mortgage bi-weekly, instead of monthly. The pitch is simple. We would send off half of our normal mortgage payment every other week. That would make 26 annual payments, instead of 24 (12 months x 2). So we […]

When you’re ready to buy a house, a mortgage pre-approval is a smart step to take. Whether it’s your very first house or just your next one, mortgage pre-approval will ease your stress and save you a bunch of time. After going through the pre-approval process, you’ll have a much clearer idea about your overall […]

Buying a house can be complicated — especially if you’ve never done it before. You have to figure in a ton of different numbers. There’s the down payment, the mortgage term, the interest rate, the property taxes, and house insurance. And then there’s also potentially land transfer taxes, legal fees, appraisal fees, or inspection fees. […]

Mortgage calculators are tools that help you wrap your head around buying a home. They will show you how much you can afford to spend on a home and how much your payments will be. They are very useful when you’re starting the home shopping process, or if you’re still looking around for mortgage pre-approvals. […]