No Bull Mortgage
 

Calculators

Debt-to-Income Calculator

Debt-to-Income Calculator

Use this calculator to determine your debt to income ratio. Generally speaking, a debt ratio greater than or equal to 40% indicates you are not a good risk for lending money to. Debt-To-Income (DTI) ratios are used to determine how much of a burden a borrower may be taking on including the existing minimum credit account payments, the […]

Should I Refinance?

Should I Refinance?

This calculator will show you how consolidating all of your debts into one lower interest loan can reduce your monthly payments. Enter each one of the debts that you would like to pay off, along with their corresponding principal balances, interest rates, and monthly payment amounts. Once you have all your debts entered, make any desired changes to […]

Payment Calculator

Payment Calculator

This calculator will compute a mortgage’s monthly payment amount based on the principal amount borrowed, the length of the loan and the interest rate. This calculator will also compute your total mortgage payment which will include your property tax, property insurance and PMI payments. Then, once you have computed the monthly payment, click on the ”Create Amortization Schedule” button to […]

How Much Can I Afford?

How Much Can I Afford?

This calculator will estimate the size of a mortgage you could afford based on the size of your monthly rent payment, the downpayment you could afford, and on the anticipated property taxes and homeowner’s insurance. The most important aspect in determining how much you can afford is NOT “how much will the banks give me.” Instead, the TRUE […]

Rent vs. Buy

Rent vs. Buy

This calculator will help you to compare the costs of renting to the costs of buying a home. Since there are all kinds of forces at work behind the scenes (interest, property taxes, tax savings, appreciation, opportunity costs, closing costs, selling costs, etc.), comparing the cost of renting to the cost of buying is a lot more complicated than […]