If you're like most buyers, a home is the most expensive purchase you'll ever make, and you'll probably need some form of financing.
There are many lending institutions that offer a variety of mortgage products. Financing options and rates can vary widely, so it is important to do your research and shop around to ensure you get the mortgage that best meets your needs at the best price.
I would be happy to refer you to some very good mortgage contacts I have in Alexandria, or to help you in any other way I can to secure the best possible rate for your home purchase.
I've worked with over the years and know them personally, I recommend them.
Use the mortgage calculators below to assist you in making some decisions around financing your new home.
Mortgage Prequalification Calculator
Calculates the maximum loan amount for which a visitor may qualify, based on standard lender rules. Breaks down income and expenses to provide more accuracy.
Mortgage Affordability Calculator
Estimates a home loan amount your visitors can afford based on their income, debt, down payment, and other financial aspects.
Mortgage Balloon Payment Calculator
Calculates the payment amount for a loan with an optional balloon payment, using monthly interest compounding and monthly payments.
Mortgage Credit Grade Calculator
Self-evaluation of credit rating.
Mortgage Income Calculator
Determines the income required to qualify for a specific loan using the specified qualification ratios.
Mortgage Payment Calculator
Calculates how much a mortgage might cost on a monthly basis. Graphically shows impact of different interest rates.
Mortgage Payment Calculator with Advance Payment
Calculates how much a mortgage might cost on a monthly basis. Calculation provides for advance payment.
Mortgage Upfront Cost Calculator
Estimates the upfront costs of a mortgage. The estimated amount excludes some fees, such as Appraisal, Application fees or fees for obtaining credit reports.