Whether you are a first-time home buyer, consolidating your debt or refinancing your home, Chris Carvalho of The Mortgage Professionals in Kingston, has the expertise to make it a fast, easy, and enjoyable process.
To begin estimating what your mortgage payments will be, you need to first enter the purchase price of the property, the mortgage rate and the amortization period. Once that information has been entered you can begin to look at different scenarios and how your initial down payment will affect your regular payments.
In addition to various taxes and fees that come with purchasing a new home, the calculator will also allow you to factor in other monthly expenses like property taxes, utilities, debt repayment and more. This will show you what your average costs will be on a monthly, bi-weekly, or accelerated bi-weekly payment structure.
Before you begin your search to purchase a new home, it is recommended that you utilize our mortgage calculator tool to understand your current financial situation and assess what you can afford prior to looking at real estate listings. If you are interested in renewing or refinancing your existing mortgage, please enter the outstanding balance into the Renewal or Refinance tab to estimate your new payments.