CALCULATOR You can calculate the estimated monthly principal and interest payment by entering a mortgage amount, loan term and an Annual Percentage Rate (APR). Mortgage amount ($): Mortgage amortization in months: (Example: 25-year mortgage=300 months) Annual Percentage Rate: Monthly Mortgage Payment: If you would like to find out your affordability of this prospective payment please enter your gross annual income and click Calculate Affordability. Annual Household Income:($)   Do I Qualify? NOTE: This is not a loan approval. This calculator is designed to give you a general idea of what you can afford when you wish to purchase a home.

Liz Rankin, Associate Broker RE/MAX First Realty Ltd. 223 Brock St. N., Unit 7 Whitby, Ontario L1N 4H6 Tel: 905-686-3800, Fax: 905-430-7840 E-mail: liz@realestatewhitby.com