Mortgage question


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Timon   
Member since: Mar 04
Posts: 297
Location: Greater Toronto Area

Post ID: #PID Posted on: 20-06-06 14:25:54

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"


raajen   
Member since: Sep 03
Posts: 434
Location: Canada

Post ID: #PID Posted on: 20-06-06 14:41:51

Hi,

Check at http://www.invis.ca" rel="nofollow">LINK



Pramod Chopra   
Member since: Sep 03
Posts: 1284
Location: Pickering, ON

Post ID: #PID Posted on: 20-06-06 16:23:04

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




Hi Timon,

You can visit my website for these calculators and for other information for first time home buyers etc. Here is the http://www.pramodchopra.com" rel="nofollow">LINK

If you need any clarification, you can PM me.


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Pramod Chopra
Senior Mortgage Consultant
Mortgage Alliance Company of Canada





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