MORTGAGE CALCULATOR

Your numbers, in plain words.

Buying a home comes with a lot of numbers. This puts them in one place: what a home would cost each month, the cash you'd need, and what you could afford.

  • About 2 minutes
  • Nothing to sign up for
  • Private until you share it with Timothy
  1. 1About you
  2. 2The home
  3. 3Your numbers

For estimates only. Not mortgage or financial advice: Timothy is a REALTOR®, not a licensed mortgage broker.

1

About you

It changes taxes, insurance and how long you can take to pay.

2

The home

Slide, or tap a number to type it.

Price$
Down payment$6.7%
Minimum for this price: $50,000 (5% of the first $500,000, 10% above).
Interest ratea mortgage broker can get you today's rate%
30 years is open to first-time buyers, a newly built home, or 20% down.
Monthly costsstrata, tax, insurance
Strata feecondos and townhouses$/mo
Property taxan estimate for this price$/yr
Insurance, heat & hydroestimate$/mo
Home sizefor the inspection costsq ft
3

Your numbers

Each month, the cash you need, and what you can afford.

AEach month
Every month, about$4,464 /month

Rule of thumb: every $100,000 you borrow is about $492 a month at 4.29% over 30 years.

BCash to close
Total cash needed, about$57,050

Lenders like to see about 1.5% ($11,250) set aside for closing.

CWhat you can afford
Household incomebefore tax$/yr
Monthly debtscar, cards, loans$/mo
Saved for a down payment$
You may qualify for about$721,000
Get ready to buy

Most buyers aren't ready when the right home comes up. Timothy helps you get ready, and can refer you to trusted mortgage brokers.

Estimates only. Rules as of October 2026.

Each month, about$4,464