It’s safe to say that budget and affordability are on the minds of almost everyone who is about to embark on the homebuying process. Salal Home Lending has partnered with HomeAdvantage® to give you access to a suite of free tools for homebuyers—including these three helpful calculators. Use these calculators to get an idea of your price range, what your monthly payment might look like, and how much you can earn in Cash Rewards* when you work with an agent in the HomeAdvantage network.
Find Out How Much Home You Can Afford
Ok, let’s start with price range. The affordability calculator gives you a quick check on how much home you can afford. Simply input your best estimates for income, rate, etc., and get an idea of what houses are in your price range. This calculator can help you narrow down your home search to a price range that fits with your budget.Go to Affordability Calculator
What Will Your Mortgage Payment Look Like?
There are lots of moving parts when it comes to estimating what your future mortgage payment might look like. The nice thing about this payment calculator is that it doesn’t just estimate principal and interest—because those aren’t the only costs you’ll pay every month. The payment calculator also takes into account things like property taxes, homeowner’s insurance, and mortgage insurance. This gives you a more realistic estimate of what your actual monthly mortgage payment might be.Go to Payment Calculator
Estimate Your Potential Cash Rewards*
When you use one of the trusted agents in the HomeAdvantage network to buy your new home, you can earn Cash Rewards—equal to 20% of your agent’s commission. You can earn even more Cash Rewards if you sell your current home through HomeAdvantage as well. How much could you earn? There’s a calculator for that too!Calculate Your Cash Rewards
Want to Learn More?
Need more house hunting intel? Who doesn’t?! Buying a home is a big decision. That’s why we’ve put together some “Helpful Tools to Begin Your House Hunting Adventures.”
If you have any questions or would like to get more information from a Salal Home Lending expert, feel free to reach out.
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