Buying your first home is all about successful number crunching. Here are 3 great home-buying calculators and tools that make it easier to estimate your mortgage and home-ownership costs.
Home-buying calculator #1: What Can I Afford Tool
Start with the basics. This home-buying tool analyzes your income, debt payments, mortgage rate, amortization period, and other monthly maintenance costs to let you know how much house (and mortgage debt) you can afford.
Home-buying calculator #2: Mortgage Payment Calculator
Plug in variables and get the lowdown on three key mortgage considerations: monthly amount, overall mortgage or amortization period.
Home-buying calculator #3: Premium Calculator
Compare our mortgage products to find out which is best for you! Fill in your new home’s purchase price and available down payment, and learn what your total loan and premium would be, utilizing 10 different Genworth mortgage solutions.
Do your numbers indicate you’re ready to take the next steps? Read on for more of Genworth’s mortgage options tailored to first-time buyers and download the new HomeOpeners App for mortgage calculators and other home-buying tools for your mobile device.
- What Can I Afford? This tool will help you estimate the mortgage amount you may receive from your bank or another lender. Mortgage Payment Calculator The Mortgage Payment Calculator helps you calculate several different aspects of your mortgage. Premium Calculator The Premium Calculator helps you calculate the mortgage insurance premium…