Can someone suggest any tool or website where I can estimate the amount of mortgage I can afford using various monthly payment scenarios. For e.g, I want to calculate the mortgage that I could take given my monthly payment is say 1,500 ,1,400, 1300 etc. at the current interest rates?
I am currently doing some budgeting for home buying, that is why this question.
Any advice would be greately appreciated.
T
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"The grass is not, in fact, always greener on the other side of the fence. Fences have nothing to do with it. The grass is greenest where it is watered. When crossing over fences, carry water with you and tend the grass wherever you may be"
Hi,
Check at http://www.invis.ca" rel="nofollow">LINK
Quote:
Originally posted by Timon
Can someone suggest any tool or website where I can estimate the amount of mortgage I can afford using various monthly payment scenarios. For e.g, I want to calculate the mortgage that I could take given my monthly payment is say 1,500 ,1,400, 1300 etc. at the current interest rates?
I am currently doing some budgeting for home buying, that is why this question.
Any advice would be greately appreciated.
T
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Pramod Chopra
Senior Mortgage Consultant
Mortgage Alliance Company of Canada
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