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.
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.
This calculator helps you figure out the maximum home price you can afford before you start house hunting.
Estimate your monthly mortgage payments based on the price of the home you like.
See how much money and time you’ll need to meet your down payment savings goal.
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.
Use this tool to estimate the financial impact of refinancing your first mortgage.
This tool illustrates how a repayment plan might help you catch up on past due mortgage payments.
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.