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Getting Started: Understand the Numbers

Understanding Mortgage, Escrow & Additional Costs

What to Buy & Where to Live

Find Your New Home

Know the Market

Understanding the Contract

Make an Offer

After Your Offer is Accepted

About Closing Costs & Title Insurance

Moving Guide


Ask Us About Our VIP Concierge Service

VIP Realty offers exclusive concierge services for interested home buyers.
Learn more.

 

Home >> Home Buying Guide & Mortgage Calculator

VIP Calculators

Calculators for Buying a Home in Indiana: Mortgage Payment Calculator, Mortgage Table, Affordability, Cost of Ownership, Rent Vs. Buy


Before beginning to look for a new home in Central Indiana, you should calculate how much house you can afford. This will help determine what type of home to buy and where to begin looking. You can make a preliminary assessment by using these Affordability Calculators:

Please note that these calculations do not consider the true cost of a mortgage, which includes additional monthly costs for escrow and other related fees. For more information. read Understanding Mortgage, Escrow & Additional Costs.


Compare with Fannie Mae Affordability Calculators

For a comparison of affordability results, you can also use these Affordability Calculators from Fannie Mae:
(open in new windows)


Once you've determined what you can afford, its a good idea to look into pre-qualifying for a loan. Pre-qualification will give you a better idea of how much you will be able to borrow, giving you a starting point for your home search. Pre-qualification also tells sellers that you are a serious potential buyer.


Learn As Much As Possible About the Home Buying Experience

For more information about how VIP Realty can help you buy a home in Central Indiana, call Tammy Bookout at (317) 345 - 8269 or toll-free at 888-VIP-0002 (888-847-0002), or send Tammy an e-mail, or submit the Request for Information form below.

 

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VIP Realty Company, LLC      8221 Lakeshore Trail W Dr, #2514      Indianapolis, Indiana 46250
Phone 317-345-8269      Toll-Free 888-VIP-0002 or 888-847-0002      Fax 317-842-4385      tammy@viprealtycompany.com

Copyright 2006 VIP Realty Company, LLC      All Rights Reserved
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