305-499-8743 HFA@hfamiami.com

There is a Calculator for That!

13
Apr

When it comes to adding up the costs for homeownership, “there is a calculator for that!”

 

 

There are many ways to add up the homeownership numbers. Check out the calculators below.

Financial Calculators

If you’re thinking about buying a home or you are a homeowner trying to learn about your options, these calculators can help.

Note: These calculators provide estimates and are for informational purposes only. Keep in mind, qualifications and results will vary. To learn more and confirm your eligibility, please contact a lender or your mortgage company.

 Homebuyers

Affordability Calculator*

This calculator helps you figure out the maximum home price you can afford before you start house hunting.

Mortgage Calculator*

Estimate your monthly mortgage payments based on the price of the home you like.

Saving Calculator*

See how much money and time you’ll need to meet your down payment savings goal.

Debt-to-Income Calculator*

Use this tool to estimate your DTI—the ratio of the amount you pay on your mortgage(s) each month compared to your total monthly gross income.

Homeowners

Extra Payment Calculator*

See how making an extra mortgage payment may save you money and shorten the time it takes to pay off your loan.

Refinance Calculator*

Use this tool to estimate the financial impact of refinancing your first mortgage.

Repayment Plan Calculator*

This tool illustrates how a repayment plan might help you catch up on past due mortgage payments.

Forbearance Calculator*

Calculate how a forbearance might be able to lower your payment if a short-term problem is affecting your ability to pay your mortgage.  A forbearance is a special agreement between lender and borrower to delay foreclosure.

Loan-to-Value Calculator (LTV)*

Estimate your LTV—the amount you owe on your mortgage(s) compared to your home’s current market value.

*Note: These calculators provide estimates and are for informational purposes only. Keep in mind, qualifications and results will vary. To learn more and confirm your eligibility, please contact a lender or your mortgage company.

Visit us at hfamiami.com/homebuyers for information on our first time home buyers mortgage, our down payment assistance programs, on our online education course and our list of participating lenders.

 

 

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