My name is Ryan Hart and as an Architectural Consultant I help homeowners design and build their dream homes. However, on every project there’s one obstacle that keeps most people from getting the home of their dreams.
I bet you will face these same problems, too.
Want to know the single biggest obstacle that will keep you from buying the home of your dream? It’s MONEY.
I created this mortgage calculator to help you buy the home of your dreams without breaking the bank. But, more importantly, I wanted to create a tool that was simple and easy to use.
After you insert your numbers, I’ll show you the best places to find competitive mortgage rates and how to save on your mortgage payment each month.
I understand that buying a home can be an overwhelming process. And to make matters worse, it’s not always obvious who is on your team.
First, your Realtor is counting on a big commission – the bigger the house, the better.
Then, your lender makes most of their profits on upfront fees. The less you understand about mortgages means more money in their pockets – Points, escrow, ARMs, PMI, down payments…
Finally, the seller usually knows more about the condition of the house then they want you to believe.
And this is just the beginning!
Not to mention, all of these factors are working against you while making the single biggest purchase of your life!
I want you to know that I’m here to help.
How Much Mortgage Can I Afford?
Using a mortgage calculator is a quick way to estimate your monthly payments while looking at houses. When you start playing around with the numbers it can become addicting.
It’s amazing how much your mortgage payment will vary depending your down payment, interest rate and loan term.
Try my mortgage payment calculator out for yourself!
How much could you save each month by putting an extra $5,000 or $10,000 down? You might be surprised!
Use our mortgage calculator to estimate your monthly payments.
Mortgage Payment Calculator Tips
Before you jump into using the mortgage calculator, I have a few basic tips.
When shopping for a house it is easy to take home prices and make them fit into your budget. It happens to the best of us.
But, if you want to make a smart financial investment in your home, you’ll need to take a different approach.
Instead, I would encourage you to start with a basic estimate of how much you can afford to spend on mortgage, insurance and maintenance each month. Then, use this number to work backwards in the mortgage calculator.
Start with a mortgage payment that fits in your budget, then decide how much you can afford to spend on your dream house. This is easier said than done, but believe me it’s worth the effort.