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The purchase of big ticket items like a home or a car will need a major commitment of financial resources and time. Use our Loan and Mortgage Affordability Calculator to determine what it takes financially to achieve these life goals.
 
Mortgage Qualifier Calculator - How Much Can You Afford?

M = P [ i(1 + i)n ] / [ (1 + i)n - 1]


* M= Monthly Payment
* P = Principal Amount
* i= r/1200 (r is rate of interest in %)
* n = no of months (if 15 years then 12*15=180 months)

 

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NOTE: The figures shown are meant to be rough estimates. You should consult with a qualified professional before making any financial decisions based on this data.