Victoria Real Estate Victoria British Columbia CA Promises Made Promises Kept
Fred Carver

Your Mortgage Calculator


  Victoria BC Real Estate Fred Carver Re/Max Camosun Sells Real Estate in Greater Victoria,Oak Bay, Rockland, Fairfield, James Bay,Uplands, Esquimalt, View Royal, Saanich, Central Saanich, Sidney, Langford, Colwood
 call Fred Carver 250- 598-2963

For Mortgage Pre-Approval quote call Lisa Newman Victoria Mortgage Specialist at 250- 418-5074

Mortgage Specialist

Let us help you find out what you can afford! 

Our mortgage calculator will help you determine loan amounts, mortgage qualification,or whether you should be renting or buying.

Complete the fields below (e.g., Cost of Home, Down Payment, Monthly Income) and click Calculate Now. To view the different results of your calculation, click on the various tabs. To e-mail yourself a copy of your results, click the Receive this Detailed Analysis link.

Sincerely

 Victoria BC Lisa Newman Mortgage Specialist

Call Lisa for Help with All Your Mortgage needs

Lisa Newman
Victoria BC Mortgage-Specialist 

Victoria, BC

 250-418-5074

 Member of the Fred Carver Real Estate Marketing Team

 Whether you are purchasing a first home or your next home, choosing the right mortgage is an important undertaking. I am committed to helping you find the right financing to suit your needs and to make your mortgage experience as uncomplicated as possible. Let's set an appointment for a time and place that is convenient and get started.

 
Required
Term In Years:     
Interest Rate:      %
Cost of Home:  $
Down Payment:  $  
Annual Insurance:  $  
0.43%of Cost
Annual Property Tax:  $  
1.2%of Cost
Monthly Income:  $
Monthly Debt:  $
Optional
Gross Debt Service Ratio (GDS):     
Total Debt Service Ratio (TDS):     
Condos Fees:  $

Results
  Receive this Detailed Analysis


Your Monthly Payments
 
Loan Amount:    
Loan Insurance ( %):
Total Loan(Mortgage) Amount:
 
Principal & Interest:    
Homeowners Insurance:    
Property Taxes:    
Condo Fees:    
Monthly Loan Insurance (%):    
Total Monthly Payment:    
 
Income Needed to Qualify for the Mortgage
 
Total Monthly Loan Payment:  
Total Monthly Debt Payment:  
Monthly Loan Insurance (%):  
Qualifying Income of % GDS Ratio:  
Qualifying Income of % TDS Ratio:  
 
What You Can Afford
We are using the % ratio.
Cost of House:  
Down Payment:  
Loan Value:  
Monthly Principal & Interest:  
Monthly Insurance:  
Monthly Property Tax:  
Monthly Condo Fees:  
 
Note: Cost of House = [(Monthly income x Debt Ratio) – monthly tax – monthly insurance – condo fee] / (monthly interest rate/ function of interest rate)
Monthly Rent: $
  No. of Years you plan on keeping the home:
Annual Rental Increases:   %   Yearly Appreciation on the Home: %
Monthly Renter Insurance: $   Annual Home Maintenance: %
Savings or Investment Rate:   %  


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