Browsing real estate is addicting. Whether its Redfin, Zillow, or you conned a realtor into giving you MLS access – day dreaming over pictures of pools and kitchens and mocking egregious listing prose has become our new national pasttime. But to take your addiction to the next level, you need to know how much it all costs.
Unfortunately we were unable to find a basic tool to help us compare all the properties we kept drooling over – so we made our own.
I’m pleased to present our free Mortgage Calculator. Super simple. And unlike the free tools on popular real estate websites, you can easily compare multiple properties and change the variables.
On the left side of the calculator, enter all the info (property name, price, taxes, other annual fees, mortgage length, and the % down payment). On the right, you will then see the down payment, mortgage amount and the most important – total monthly and annual expense. Now you can easily compare multiple properties either on a monthly or annual basis. You’re welcome.
Download it and give it a try. Don’t have Excel? Yes, it’s an Excel spreadsheet. Download it anyways, and just drop into google drive. Let me know what you think at calculator@cityorburbs.com.
Provide name and email below to download the calculator now!