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These tools are geared towards helping the buyer. More will be added as time permits.
The Pre-Qualification Calculator is used to figure out how much home you can afford and how changes in your income and monthly debt affect that figure. This is a good place to start if you are not sure what your pr
ice range is. The amounts are calculated using certain general assumptions, but will give you a ballpark figure. For more, precise figures, it’s best to get together with a loan officer.
The Monthly Payment Calculator is used to find out what your mortgage payments would be for a certain sale price and interest rate. Optionally, you can also enter tax and home owner insurance amounts if those are a
vailable to you.
The Buyer(s) Estimated Expense Worksheet calculates the monthly payment and the total amount need to purchase a given property. The closing fees are based on a property closing in Minnesota.
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