0
How much of a mortgage you can afford clearly depends upon your income level. You can apply for a mortgage and will usually be preapproved for a certain amount depending upon your credt, income and other factors.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
How can one tell online how much mortgage can one afford?
There are a wide variety of mortgage lenders that staff representatives the specialize in helping you determine what types of mortgages you can afford. Alternatively, one can use an online mortgage calculator.
Where can you find a mortgage calculator?
Any realitor or mortgage broker has access to a mortgage calculator and can help you through the process. You can also find online mortgage calculators which can be a useful tool in figuring out if you can afford a mortgage.
What functions does the BBC mortgage calculator have?
The BBC Mortgage Calculator helps you work out your monthly mortgage and what your payments will be before you even borrow the money. This will better help you know what you can afford.
Comparing Mortgage to choose the best option for me..?
It depends on how much money you are making. If you can comfortable afford to pay for a 15 year mortgage then you should do this. If you are going to be struggling to make the mortgage payment then you should get a 30 year mortgage.
What is the monthly payment for a 34000 mortgage?
It depends on the interest rate and the length of the mortgage. For a 30 year mortgage at 4.5% the payment would be $172.27. If you can afford it, a 15 year mortgage at 4.5% would be $260.10 but would save you about $16,000 in interest.
Where can one find the Bank of Montreal mortgage rates?
You can find the Bank of Montreal mortgage rates on the official BMO website. They also have a How much can I afford calculator to help you decide if you can afford a mortgage.
How much house can you afford calculator?
The calculator I am sure you are referring to is the mortgage rate calculator. This inputs your income and monthly bills and makes sure you can afford a mortgage.
How can one tell online how much mortgage can one afford?
There are a wide variety of mortgage lenders that staff representatives the specialize in helping you determine what types of mortgages you can afford. Alternatively, one can use an online mortgage calculator.
What is a mortgage approval calculator used for?
A mortgage calculator is to calculates what your mortgage will be monthly. It is a very easy and fast way of knowing if you can afford your mortgage. You will be able to find a mortgage calculator by going to http://www.mortgagecalculator.org/
Where can you find a mortgage calculator?
Any realitor or mortgage broker has access to a mortgage calculator and can help you through the process. You can also find online mortgage calculators which can be a useful tool in figuring out if you can afford a mortgage.
How much can you afford mortgage?
Whether you can afford a mortgage, depends on a lot of a factors. If you have good credit, you will probably get a good interest which will lower your mortgage payment. Your lifestyle can also affect whether you can afford a mortgage. If you are used to going to nice restaurants, buying high end,and other high end lifestyle, then you need to make sure that you stay in the dollar that you are paying for rent in order to maintain your current lifestyle.
How much extra payment is allowed in mortgage?
As much as you want and can afford.
Why do sharks not live in New Orleans?
They cannot afford the mortgage or rent.
If your annual mortgage payments total 13986.00 how much of a mortgage can you get?
Based on a 30 year mortgage with a 4.5% interest rate, you could afford a house that was worth $230,025
UK mortgage question I just wondered if you could tell me what proportion of the UK population have an interest only mortgage because they cannot afford the monthly mortgage repayments associated with?
US Mortgage design
What functions does the BBC mortgage calculator have?
The BBC Mortgage Calculator helps you work out your monthly mortgage and what your payments will be before you even borrow the money. This will better help you know what you can afford.
What if a bank approved an increase in your home equity line of credit that was not within their guidelines can you be forgiven for money used?
Of course not. You are responsible for your own expenditures. It can be assumed that you signed the mortgage as an adult and knew what you could afford to pay.Of course not. You are responsible for your own expenditures. It can be assumed that you signed the mortgage as an adult and knew what you could afford to pay.Of course not. You are responsible for your own expenditures. It can be assumed that you signed the mortgage as an adult and knew what you could afford to pay.Of course not. You are responsible for your own expenditures. It can be assumed that you signed the mortgage as an adult and knew what you could afford to pay.
