Resources
Calculators and guides.
Tools to help you work through the numbers before you apply. These calculators are Freddie Mac's, and open on their site.
- How much can you afford?Work back from income, debts and down payment to a price range.
- How much can you borrow?Estimate a loan amount from income and existing obligations.
- Rent vs. buyCompare renting against owning over the period you expect to stay.
- Down paymentSee how the amount you put down changes the loan and the monthly cost.
- Closing costsEstimate what is due at closing beyond the down payment.
- Debt-to-income ratioWork out the ratio lenders use when assessing an application.
- Fixed or adjustable rateCompare a fixed rate against an adjustable one over time.
- Am I better off refinancing?Measure a refinance against the loan you already have.
Calculators are provided by Freddie Mac for educational purposes. Results are estimates and are not a quote, an offer of credit, or a commitment to lend. See our disclosures.
Rather talk it through?
An Executive Mortgage Advisor can run the numbers against real programs rather than a generic estimate.