Can You Buy? - This mortgage calculator will produce and analysis report to help you determine loan amounts, affordability, mortgage qualification, or whether you should be renting or buying..
Rent vs. Buy - Use this calculator to determine whether it is a better financial decision to rent or to own a home.
Ginnie Mae - Your Path to Home Ownership (including Renting vs. Buying calculator) - With the information you provide, you will receive a general estimate of how much you can afford to spend on a house; a calculator that gives estimates for FHA, VA and Conventional loans based on the home sale price you provide; plus more First Time Homebuyer tools and resources.
ABA - Rent vs. Buy Calculator - If your current rent payment were going toward a house payment instead, what size mortgage would you be paying? Use this calculator to find out.
Even if you decide to rent, when making an offer to a prospective landlord, they will usually require submission of a credit report. Use the following to estimate and learn about what is considered in determining you scores:
For more information about the FICO score and your credit, see the following previously-posted blog entries...
How Your Credit Effects Your Insurance
Free Annual Credit Report for Consumers
[Update: Click here for information about the new standardized VantageScore that the 3 major credit reporting companies have jointly developed and are marketing to compete against the FICO score.]
or visit http://BestHomes-NJ.com for the latest property listings (residential, commercial, multi-family, farm, land)
Copyright 2005 by Timon, Inc. All Rights Reserved.
Lawrence Yerkes
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