Mortgage calculators can help save money and establish a budget prior to purchasing a home. By calculating variables including, the purchase price, down payment, loan term, interest rate, property taxes, home insurance, and other monthly expenses. The mortgage calculator helps determine what you can afford, compare different rates, and your estimated monthly expenses.
Tip: In the Monthly HOA section, place your estimated costs for monthly utilities. For example, water, electric, gas, trash, sewage, internet, and cable bill.