Nobody Sells More Real Estate than REMAX
REMAX front street in Penticton BC Canada 

Mortgage Specials


Let me help you calculate an affordable mortgage!

Just fill in the blanks.  My mortgage calculator will help you determine loan amounts, mortgage qualification, or whether you should be renting or buying.

Complete the fields below (e.g., Cost of Home, Down Payment, Monthly Income) and click Calculate Now. To view the different results of your calculation, click on the various tabs. To e-mail yourself a copy of your results, click the Receive this Detailed Analysis link.

Go further down to complete the blanks which will allow to you compare Buying vs Renting.   I think that you will be pleasantly surprised.  In many cases you can carry a mortgage with very little difference from what you are now paying in rent.  Invest in your future. 

Call me today to discuss the benefits of ownership. 

Wayne Schafer - 487-8687

Toll Free - 1.866-447-3629 

email - wayne.schafer@remax.net

The following mortgage calculations are based upon a prime minus one-half percent.  Current prime is 5.75%.

 
Required
Term In Years:     
Interest Rate:      %
Cost of Home:  $
Down Payment:  $
Annual Insurance:  $
0.43%of Cost
Annual Property Tax:  $
1.2%of Cost
Monthly Income:  $
Monthly Debt:  $
        
Optional
Gross Debt Service Ratio (GDS): 
Total Debt Service Ratio (TDS): 
Condos Fees:  $

Results
  Receive this Detailed Analysis


Mortgage   Qualification   Affordability   Rent vs Buy    

Your Monthly Payments
 
Loan Amount:    
Loan Insurance ( %):
Total Loan(Mortgage) Amount:
 
Principal & Interest:    
Homeowners Insurance:    
Property Taxes:    
Condo Fees:    
Monthly Loan Insurance (%):    
Total Monthly Payment:    
 


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