Mortgage Tools Courtesy Of Michael Savas
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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.
The type of financing you need for your home purchase is dependent on a number of factors. For example, how long will you be living in this home, what is the difference between the fixed rate and adjustable rate mortgages. We will sit down and analyze your specific situation and custom tailor a loan that makes sense for you and offers you the proper protection. Please call me at (617) 548-7124 to set up a confidential appointment or email me at msavas1@aol.com. |
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Use the mortgage calculators below to assist you in making some decisions around financing your new home.
Mortgage Qualification Calculator
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.
Mortgage Payment Calculator & Amortization Table
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.