Mortgage Calculator
Mortgage calculators help you make important financial decisions. Knowing the potential monthly mortgage payment, insurer’s premium, or land transfer tax helps you determine if a loan size or property price is feasible.
Using the calculators available, plug in different numbers to see how various down payment amounts, amortization periods, and property prices affect your purchase, refinance, or mortgage renewal decisions.
The Importance of your Down Payment
Your down payment affects your mortgage payment the most. The more money you put down, the less mortgage insurance you pay. You also lower the principal payment owed each month. Lower principal payments and mortgage insurance equal a lower mortgage payment. This affects your overall affordability. If you’re unsure of how much you’ll put down on a home, use the following calculators to help.
Compare different mortgage scenarios and sort through the monthly payments, fees and other costs associated with getting a mortgage.
Quickly see how much interest you will pay, and your principal balances. Determine the impact of any principal prepayments!
Examine your principal balances by payment, total of all payments made, and total interest paid.
This calculator steps you through the process of finding out how much you can borrow.
This calculator helps you weed through the fees, taxes, and monthly payments to help you make a good financial decision
How much interest can you save by increasing your mortgage payment? This financial calculator helps you find out.
Contact My Grey Bruce Mortgage Today!
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