On the Park Place Real Estate Company website, we have provided a variety of California mortgage calculators to help you in the preliminary phases of house-buying decisions. Before you actually start looking for your home, you need to determine the amount of money that you can comfortably afford to spend.
You can use our calculator to prepare an amortization schedule on your mortgage. It will define how much you will pay in interest and principal. You can indicate if there will be any prepayments. If so, you can quickly see the impact the prepayment will have on the total amount going to the principal.
California Mortgage Calculator
We also have a mortgage calculator to help you decide how much you will likely qualify for. This is based on your annual income, monthly debts, projected purchase price, and other costs related to buying a house. After the calculation is done, you will have a report of our findings. This will clearly show if the home you want is within your budget.
Our mortgage refinance breakeven calculator and our rent-versus-buy calculator will answer a multitude of questions. It only takes a few minutes to fill out the information and to get the results. Give us a call at 949-540-2300, and speak with one of our loan officers to discuss the best approach to home buying for you. We have been in the business of helping people with financial decisions for decades, and we will be your source for the future.