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Mortgage Payment Calculator
Rent vs. Buy Calculator

How Much Can I Afford?

This calculator will help you get a quick estimate of what type of house payment and loan amount you can afford based on your current total monthly income and debt payments. Fill in the following information and click the Calculate button for results.

Monthly Income:
Monthly Debt Payments (include credit cards):
Interest Rate:
  15yr Loan 30yr Loan
You may qualify for a mortgage payment of:
You may qualify for a loan amount of:

Note:
This calculator is intended for informational purposes only and we are not responsible for any errors in calculations. This calculator may use certain assumptions that may not apply to your specific case. The calculator is not meant to be used as the basis for any savings, expense, investment, or other financial decision.


Mortgage Calculator
This calculator will help you get a quick estimate of what your mortgage payment will be based on interest rate and principle. Fill in the following information and click the Calculate Now button for the results.
Years: Interest: Loan Amount:
Annual Tax: Annual Insur:
Monthly Prin + Int:
Monthly Tax:
Monthly Ins:
Total Payment:
 
Note: This calculator is intended for informational purposes only and we are not responsible for any errors in calculations. This calculator may use certain assumptions that may not apply to your specific case. The calculator is not meant to be used as the basis for any savings, expense, investment, or other financial decision.

Rent Vs. Buy Calculator
This calculator will help you to compare the costs of renting to the costs of buying a home. Since there are all kinds of forces at work behind the scenes (interest, property taxes, tax savings, appreciation, opportunity costs, closing costs, selling costs, etc.), comparing the cost of renting to the cost of buying is a lot more complicated than just comparing the monthly mortgage payment to the monthly rent payment. This calculator attempts to forecast the net effects of all the hidden forces so you can make an informed decision.
Monthly rent ($):
Monthly rental insurance ($):
Expected annual inflation rate (%):
Purchase price of home ($):
Down payment amount ($):
Length of mortgage term (# of years):
Mortgage´s annual interest rate (%):
Discount points on purchase of home (%):
Origination fees (%):
Other loan costs ($):
Mortgage Insurance (PMI %):
Homeowner´s insurance rate (%):
Monthly association dues ($):
Average monthly maintenance ($):
Annual property tax ($):
Provincial plus Federal income tax rate (%):
Interest rate you expect to earn on savings (%):
Expected percentage your home will appreciate by each year (%):
Number of years you will stay at this property:
Realtor commission rate (%):
Total estimated cost of renting:
Total estimated cost of buying:

MaxWell South Star Realty,  #20 - 8180 Macleod Trail S.E.  Calgary AB T2H 2B8
Phone: (403) 253-5678  Fax: (403) 253-0679
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