It is important to know your budget, before you fall in love with a home!
Affordability depends on your income, down payment amount, mortgage interest rates and any other financial obligations you may have. In addition to the purchase price of a home, you also need to consider other fees and costs such as closing costs, mortgage insurance, homeowner association fees and interest.
This downloadable tool is a quick and easy reference guide, to give you a general idea on affordability. Please note that the calculator is intended to give you a general idea of costs and affordability. We recommend you get in touch with us directly, so that we can take the time to do a full professional analysis for you.