| Buying Calculators |
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Calculates mortgage payment and creates amortization tables. Shows your total annual cost including many variables, then shows you how a "revised" cost that includes what tax benefits you receive from home ownership. You input your income, debt, down payment, and calculate what price home you can afford. The interest rate and debt-to-income ratios are variable and allow you to "play" with different scenarios. Allows you to calculate whether it makes more sense for you to buy or rent, and is very flexible - even allowing you to determine the savings rate (opportunity cost) if you invested your extra money. Determine your purchase range with a minimum and maximum payment under different down payment scenarios. |
