An important question to ask yourself is
"What monthly mortgage payment am I comfortable paying?"
You may qualify for a larger monthly payment, BUT, are you
comfortable making that payment?
informational purposes only, we provide a mortgage
affordability calculator. Enter your current total gross monthly
income, total monthly consumer credit, student loans, and car payments.
Enter an interest rate (7% is good for example purposes). And the
calculator will calculate a maximum monthly principle and interest
payment, and a maximum loan amount.
calculator is intended only as a
"guide", you need to contact Westonhill Financial and
speak to a mortgage broker regarding your specific financial
situation, to best compute your maximum monthly payment and loan