How Much House Can You Afford?
Homes in Kansas City, and especially in the communities nearby, are known for being affordable for young families. But there are also plenty of high-end homes, and even with a starter home you want to make sure you plan your finances well. Our Mortgage Calculator will help you determine what your budget is, so that you can enter into your home search with a well-informed understanding of exactly what kinds of homes you want to look for.
This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.
A good real estate agent can help you find the right home at the right price. Contact Chip Glennon and his team today for expert buyer's representation!