Mortgage Calculator & Other Handy Resources

Whether you’re at the start of your home search or preparing to make an offer, understanding your financial options is key. As an Accountant, I know how important it is to get the numbers right. That’s why I always recommend using the BankRate Mortgage Calculator, one of my favorite tools for homebuyers.

Why I Love the BankRate Mortgage Calculator

The BankRate Mortgage Calculator is an excellent tool for homebuyers looking to get a clear picture of their financial commitments. Here’s what makes it stand out:

1. Easy to Use – The interface is straightforward. You simply input your home price, down payment, interest rate, and loan term, and it quickly gives you an estimate of your monthly payment.
2. Customizable – You can adjust different variables to see how changes in down payment or loan terms affect your overall payment. It’s great for exploring different financial scenarios.
3. Detailed Breakdown – The calculator offers a breakdown of principal, interest, taxes, and insurance (PITI), which gives you a more complete picture of your potential costs.

You can try it out yourself here: CLICK TO OPEN and start getting insights on what your budget might look like!

Other Great Calculators

1. Coldwell Banker Financial Calculators
2. BankRate affordability Calculator 
3. Closing Costs Calculator 

Helpful Tools and Resources

In addition to the mortgage calculator, here are a few more useful resources I recommend during your home-buying process:

• New Jersey Property Tax Search
  If you want a broader view of property taxes across all of New Jersey, you can use these links:
  NJ Parcel tool: NJ Property Tax Search
  Property Shark tool: NJ Property Tax Records
  This will give you the most up-to-date tax information for any municipality in New Jersey.
• Coldwell Banker Value Estimator
  Curious about how much your current home or potential property might be worth? The Coldwell Banker Home-Valuation offers a quick estimate of property values based on local data.
• Tools for 1st Time Buyers
  Just a few extra tools I put together for 1st time home buyers.
• Mortgage Pre-Approval Guide
  Unsure how to get pre-approved for a mortgage? Check out NerdWallet Guide to Mortgage Pre-Approval, which breaks down the steps to secure your financing.

Final Thoughts

Buying a home can feel overwhelming, but having access to the right tools can help you make informed decisions with confidence. From calculating your mortgage payments to understanding property taxes and home values, these resources will guide you through the process. If you have any questions or need personalized advice, don’t hesitate to reach out to me.

I’m here to help make your home-buying journey as smooth and stress-free as possible!