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Home / Blog / Mortgage Calculator / Mortgage Calculator

Mortgage Calculator

February 18, 2014 By Mary Catchur

Mortgage CalculatorKnowing that a mortgage is part of the homebuying process, it can be difficult to understand how much of a mortgage you can afford. A mortgage calculator is one of the many online tools that help estimate a home loan payment for homebuyers.

The Marimark Mortgage mortgage calculator has some great features that will help you decide what type of loan is best for you.

Mortgage Calculator and Loan Calculator

The calculator has two significant features: a mortgage calculator and a loan calculator.

You can use the calculator to analyze strictly from a “loan” perspective with principal and interest. And you can explore from a “mortgage” perspective and factor items such as property taxes, insurance, and PMI.

Closing Cost Estimator

We also have a Closing Cost Estimator to help you estimate the costs of purchasing a home.

Just enter the home’s purchase price, and the calculator will estimate the closing costs based on certain assumptions. To view or change the assumptions, click “View/Edit Closing Cost Details.”

Related: Closing Costs

Affordability Calculator

Located at the bottom of the page is the Affordability Calculator. which helps determine how much you can afford on a home.

Enter your monthly gross income, debt expenses, down payment, and interest rate. The calculator will give you the amount you can afford based on certain assumptions, which you can view by clicking “View Calculation Details.”

Home Loan Pre-Qualification

After getting a visual of the numbers and you are ready to take the next step in the homebuying process, contact Marimark Mortgage to pre-qualify for a home loan.

By pre-qualifying for a home loan, you know what you can afford on a home and what types of loans you qualify for, which makes for a smooth homebuying process.

Marimark Mortgage

Marimark Mortgage is based in Tampa, Florida, and proudly serves homebuyers and homeowners in all of Florida, Virginia, and Pennsylvania.

We specialize in conventional home mortgages, FHA, VA, and USDA mortgage options, refinance loans, and reverse mortgages. We’ve worked extensively with cash-out refinancing, and help clients to lower their monthly mortgage payments.

To get started with a mortgage to buy your next home, please fill out our Quick Mortgage Application, or contact us direct.

Updated on October 10, 2022

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Filed Under: Mortgage Calculator Tagged With: mortage calculator, mortgage tools

Opinions, estimates, forecasts and other views contained in this page do not necessarily represent the views of Marimark Mortgage or its management and should not be construed as an offer to provide financing at the rates or terms mentioned. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval. Although Marimark Mortgage attempts to provide reliable, useful information, it does not guarantee that the information is accurate, current or suitable for any particular purpose. Information from this page may be used with proper attribution.

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Whether you are buying a home or refinancing, you can save with a mortgage from Marimark Mortgage!



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    Refinancing with Mary has been an absolute pleasure. I have never been through the process before and she took the time to explain each step. She was prompt (had a rate locked in right away) and most importantly always answered the phone or emails almost immediately! The communication line alone made the refinancing process every bit worth it. Would recommend to anyone, and will be back for any future purchases! Bret Brennan, March 2021
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