Sometimes you simply want an idea of how large of a mortgage you can afford. Your financial situation is unique and while someone can calculate what they think is a maximum payment you can handle, they don’t know the ins-and-outs of your life. Use this calculator to determine what variables generate a payment that fits. Then, let’s talk about your options to make it happen.
$100,000$5,000,000
$0$2,000,000
1%15%
5 years40 years
Monthly Payment:
$2,684.00
This is an approximate monthly repayment amount for your mortgage based on the given inputs.
Total Interest Paid:
$466,279.00
This is the total interest you would pay over the entire loan period.