Before looking for a property you should look at what mortgage you can qualify for. The Mortgage Qualification Calculator below can help estimate what mortgage you can qualify for.
Don’t try hiding expenses nor lie about income when you apply for a mortgage. Being dishonest in a mortgage application can cause major problems later on. If you inflate your income the tax department will get hold of these details and start questioning the amount of tax you have been paying. If you omit expenses you may find yourself not being able to afford the loan payments. If you cannot make payments you will land up losing the property and any money you may have invested. When using this Mortgage Qualification Calculator remember that it is only an estimate. This site is a discussion site and not financial advice. Please go see a professional when seeking mortgage advice.