Find out what you can afford using this mortgage calculator, to find out loan amounts, monthly payment etc.

Complete the fields below (e.g., Cost of Home, Down Payment, Monthly Income) and click Calculate Now. To view the different results of your calculation, click on the various tabs. To mail yourself a copy of your results, click the Receive this Detailed Analysis link.

 

Required Fields
Term In Years:     
Interest Rate:      %
Cost of Home:  $
Down Payment:  $  
Annual Insurance:  $  
Estimate Insurance to 0% of Cost
Annual Property Tax:  $  
Estimate Tax to 0% of Cost
Monthly Income:  $
Monthly Debt:  $
Optional Fields
Gross Debt Service Ratio (GDS):     
Total Debt Service Ratio (TDS):     
Condos Fees:  $
Results
  Receive this Detailed Analysis

Your Monthly Payments
 
Loan Amount:
Loan Insurance (%):
Total Loan (Mortgage) Amount:
 
Principal & Interest:
Homeowners Insurance:
Property Taxes:
Condo Fees:
Monthly Loan Insurance (%):
Total Monthly Payment:
Income Needed to Qualify for the Mortgage
Total Monthly Loan Payment:
Total Monthly Debt Payment:
Monthly Loan Insurance (%):
Qualifying Income of % GDS Ratio:
Qualifying Income of % TDS Ratio:
What You Can Afford
We are using the % ratio.
Cost of House:
Down Payment:
Loan Value:
Monthly Principal & Interest:
Monthly Insurance:
Monthly Property Tax:
Monthly Condo Fees:
 
Cost of House = [(Monthly income x Debt Ratio) – monthly tax – monthly insurance – condo fee] /
(monthly interest rate/ function of interest rate)
Renting
Monthly Rent: $
Annual Rental Increases:  %
Monthly Renter Insurance: $
Savings or Investment Rate:  %
 
Owning
Planned # of years in home: 
Yearly appreciation of the home:  %
Annual home maintenance:  %

Mortgages are available in Mexico!

Mexico mortgages available through:

Josh Rappaport: www.crossborderinvestment.com
Puerto Vallarta: (322) 222-1113
USA/CND: 1 (888) 201-1095
info@crossborderinvestment.com

 

NOTICE: Always do your due diligence when contacting these reverse mortgage companies, or ANY companies.

FIRST check out the Consumer Protection Financial Bureau for a report on unreputable reverse mortgage companies.

Click here to see if you are eligible for a reverse mortgage so you can use the money to make an investment in your Mexico vacation home:

http://www.quickenloans.com/refinance/cash-out-refinance

https://www.reverseminded.com/

http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/sfh/hecm/rmtopten

AARP Guide to Reverse Mortgages: http://assets.aarp.org/www.aarp.org_/articles/money/financial_pdfs/hmm_hires_nocrops.pdf

CNN's Clark Howard Reverse Mortgage Information:
http://www.clarkhoward.com/news/clark-howard/homes-real-estate/reverse-mortgages-offer-last-option-seniors-stay-t/nFp5/

More good Reverse Mortgage Information:
http://www.mortgagecalculator.org/helpful-advice/retirement-reverse-mortgages.php

www.onereversemortgage.com
http://reverse-mortgage.org/

More mortgage information: https://themortgagereports.com/

 

When getting a reverse mortgage makes sense: Read full story for latest details. bit.ly/QRwuM9 bit.ly/SpIZOI

See clip about reverse mortgages from NBC's TODAY Show:

http://www.onereversemortgage.com/reverse-mortgage-blog/2012/03/reverse-mortgage-on-the-today-show/

 

Before entering into a cross-border purchase of Mexico real estate using cash or Mexico mortgage financing, it is important to understand the transaction costs that will be incurred.Mexico Loans, more great info, click here