Buying a home is already stressful enough. So, the more you have figured out ahead of time, the better. One of the best things you can and do in the early stages of house-hunting is calculate your potential mortgage payment.
When you jump head-first into the house-hunting process knowing exactly what you can and cannot afford, it will make your experience much more controlled, stress-free, and fun. We’ve chosen 3 different Mortgage Calculators that will help you figure out your financial standing – so pick one, or all three, and get calculating!
BankRate is a very useful and informational site when it comes to your personal finances in general, but their Mortgage Calculator is especially easy to use.
This site lets you calculate both your potential mortgage payments as well as loan payments.
If you prefer to do each and every small math equation yourself, HomeGuides gives you a step-by-step explanation on how to calculate your potential mortgage payment
You can never be prepared enough when it comes to househunting information, tips, financial calculations, and more. So be sure to check back weekly with our blog, as we share several helpful blog posts each week.