EZ Credit Mortgage




Total Mortgage Calculator

Unlike most mortgage calculators, the Total Mortgage Calculator, will allow you to figure out the complete cost of buying a new home.

There's much more to owning a home than just the mortgage payment. There's homeowner's insurance, property taxes, utility bills, as well as the cost of moving in and furnishing your new house.

The Total Mortgage Calculator is designed to keep you from getting in over your head by helping you figure out what you can truly afford, and not just what financial formula tells you is OK. You may need to go through the form several times to find a monthly mortgage payment that you're truly comfortable with, but doing your homework now can save you years of headaches and potential problems down the road.

1. What is your current monthly income? $
2. What is the cost of the house you're considering buying? $
3. How much money have you saved that you can apply to the house and related costs right away (your disposable savings)? $
4. How much would it cost to replace the house in case of a disaster? $
5. If you've already been approved for a loan, how much were you approved for? $
7. At what interest rate? %
8. For how many years? years
9. What appliances will you need to purchase before you can live in the house? Washing Machine
Dryer
Refrigerator
Oven
Dishwasher
Small Kitchen Appliances (blender, toaster, microwave, etc.)
10. If repairs need to be done to the house immediately, about how much will they cost? $
11. Will you need to rent or hire a moving van or truck?
12. How much do you plan to spend on furniture after you move into the home? $
13. Do you have any lease or rent obligations that you need to continue after you purchase this house? $ / month for more months
14. How low does the temperature get in the winter? degrees Fahrenheit
15. How high does the temperature get in the summer? degrees Fahrenheit
16. What is the square footage of the house? sq. feet
17. About how much precipitation does the area around the house receive?
18. What kind of heating system does this house use?
19. How old is the water heater? years
20. How old is the furnace? years
21. Have you had the home inspected yet?
22. Select a nickname for this house. It will be displayed towards the top of the report so that when it is printed, you can easily distinguish between several reports.