header Mortgage Qualification

Calculate if you are qualified to get mortgage for a property.
Offer Price of Property: $
Down Payment: $ %  
Mortgage Amount:  
Mortgage Insurance: %
Total Mortgage:  
Mortgage Amortization:  years  
Interest Rate: %   
Mortgage Payment:
Est. Monthly Property Tax:  
50% Monthly Condo Fee:  
Est. Monthly Heating Cost:  
Cost Per Month:    
Gross Income Monthly Annually
Person 1: $  
Person 2: $  
Others: $  
Total:
Monthly Debt Costs
Loans: $  
Charge Cards: $  
Others: $  
Total:  
Debt Ratios
GDS: % 
TDS: % 
Result:

 
Interest is compounded semi-annually not in advance. The Interest rate is fixed for the term of the mortgage. The interest rate is usually renegotiated at the end of the term of the mortgage. This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Personal Picture
Francis Aranha
Sales Representative
ReMax Realty One Inc., Brokerage
Independently owned and operated.
francisaranha.30@gmail.com
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Personal Pic Francis Aranha Sales Representative pic francisaranha.30@gmail.com ReMax Realty One Inc., Brokerage Independently owned and operated. pic 50 Burnhamthorpe Rd W.,Suite 102, Mississauga, Ontario L5B 3C2 pic Cell: 647-966-3028 | Office: 905-277-0771 | Fax: 905-277-0086