How much house can you afford? Should you borrow the maximum amount a lender will give you? Perhaps, but no one wants to end up “house poor”!
Our mortgage calculator can help you determine what your monthly payment will be for different scenarios. By testing different terms for a mortgage, you can find the option that works best for you. Here’s how it works.
Calculate Your Mortgage Payment
Plug in the price for the home you are buying; also plug in your down payment. Next you can try different mortgage options: length of the loan (15- or 30-year?) and type (fixed rate or adjustable?) as well as the loan rate. As you change your options, you’ll see what your monthly payment will be as well as the total cost of the loan.
It’s also useful to include mortgage insurance, house insurance, property taxes, and homeowner association fees in your calculation to understand the true cost of the home you are buying.
What our clients say about us...
“Linda was our realtor when we purchased our home and then years later when we sold our home. We were so impressed with her expert knowledge of the housing market, her professionalism, and her friendly personality. She guided us through the whole process. I would highly recommend The Sarmiento Dream Team!”
“One of a kind. That says it all. Linda is wonderful to work with. She knows the market and she is an excellent negotiator. She handles all of the details and makes the experience of selling and buying worry free. This isn’t just a job to her and you will see that when you meet her. She really enjoys helping people in selling and in finding their dream home. You won’t find anyone more dedicated. You will love working with her.”
“I have had the pleasure of working with Linda on two separate occasions. Linda was my buyers agent when purchasing our first home in the area. Then 3 years later Linda was the selling agent when we had to move. Linda knows! Linda and Chris are very professional and yet totally can connect personally. They dominate the Saginaw County area due to their knowledge of the area, their ability to price competitively, negotiation with other agents, and they know how to STAGE. Linda and Chris could have their own HGTV show on simply staging! All you have to do is visit one of their open houses and you will experience the difference.”
“Linda gave my fiance and I the honest truth and opinions needed while we ventured about to purchase our first home. Honest about her perception on things, an expert in the field of Realty and treated us ” like she would her own sons”. Something truly impactful in such a business exchange. I would recommend Linda to anyone as her bubbly personality and knack for detail were suburb in our quest for our first home.”
“Linda and her team were extremely helpful with all aspects of selling our home. We had a tremendous amount of showings and open houses until our house was sold. We closed within six months of putting our house on the market. Linda and Chris were very professional and communicate well and often, which was important to us. They were referred to us, and they are the only team we would refer to others.”