Friday, December 7, 2007

Home Owner Calculators

If you are thinking of purchasing your first home or even your second or maybe you are wondeing if you should refinance, then you need to check out the FREE calculators available online at Fannie Mae. The calculators will help you figure out just how much you can spend without breaking your budget.

They have calculators dealing with:

  • How much house can you afford?
  • What monthly payment is needed for a house with a specificsales price?
  • How much can you afford with a specific monthly payment?
  • How much is your monthly payment?
  • Is now a good time to refinance?

Buying a home can be a scary process unless you do you homework. So make sure to take a quick stop at Fannie Mae to help work out the money before you take the leap!

Happy house hunting!

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