Before you start looking at homes for sale in Oregon, you need to know how much you can afford. You can use our free affordability calculator to help you narrow down your search. When you find a few homes you may be interested in, you can then use our free mortgage calculator to estimate what your monthly payments might be. Feeling comfortable in your home buying experience often comes down to finances. Here at Diamond Realty Group, we want each of our clients to understand what the true costs will be once they’re settled into their new homes. If you know what your monthly mortgage payments will be, then you can feel more confident in moving forward.
Our free mortgage calculator tool can give you a basic estimate of your monthly payments based upon the price of the home, how much of a down payment you’ll have, the length of your mortgage (typically 30 years), and the interest rate. While this calculator is not a guarantee of costs, it’s a valuable tool in your home buying experience. It’s important to note that even if you may qualify for a certain size of home loan, you may not wish to take on a certain size of monthly payments. Likewise, if you want to set a budget for your monthly mortgage payments, you can work backward to find a range of home prices for you.
The team here at Diamond Realty Group is here to support you in feeling empowered during your search for real estate in Oregon. Use our free financial tools to gather more information as you prepare to buy a new property, and when you’re ready to book showings or make an offer, we’re standing by ready to serve you! Reach out to us to learn more.