Mortgage Calculator
finbird offers mortgage calculators to determine budgets and down payment scenarios for loans and mortgages.
Mortgage Calculator for Financing
A mortgage calculator is a tool used to prepare a loan application, in particular to check a specific financing request. Although an online mortgage calculator is useful for a rough initial estimate of a budget, it cannot replace a complete and comprehensive financing consultation. An online mortgage calculator provides an indication of the amount of monthly mortgage payments, the maximum possible financing amount and various repayment options. However, a mortgage calculator cannot provide reliable information on important feasibility criteria for a financing, as a financing advisor does as part of the credit check and preparation.
There are usually two important questions that customers have when considering a property purchase. On the one hand, how much credit and thus what maximum purchase price one can afford in the given situation, and on the other hand, what effects different down payment scenarios have on interest rates.
As part of our personal financial advice, we get to the bottom of these important questions and also clarify how the financing structure can be optimally adapted to the customer's needs, whether there are any situations that preclude financing and which flexible options, such as faster repayment, unscheduled repayment options or short-term repayment reductions, can be built into a mortgage.
By integrating our loan calculators, mortgage calculators and construction financing calculators, you can find out more about your personal monthly mortgage payments, your maximum loan amount and the effects of more or less equity on possible credit conditions.
Initial Review
At the start of the consultation, we will get an initial overview of your financing request and situation. This includes, in particular, an examination of the general feasibility, your income and equity situation, as well as your individual wishes regarding the structure of a mortgage.
Budget
The next step is to use our loan and mortgage calculators to calculate the specific financing budget for your situation. Based on the results, we can give you advice on the maximum loan amount and thus provide you with a guide for the maximum possible purchase price for a property.
Planning
The next step is to clarify the specific planning and structure of a financing plan and how it fits your individual preferences. This includes maximum terms, maximum monthly mortgage payments, unscheduled repayment options for early debt relief, and the best fixed interest rate.
Decision
As a result, you will ideally have various financing options that ideally take into account your preferences but also the regulations of the banks. Once the appropriate financing structure has been selected, we will apply for the loan from the bank on your behalf and support you through the loan review process.
Working With an Independent Financing Advisor
There are many advantages to working with an independent mortgage consultant. Not only does the consultant have access to a range of banks, building societies and other financing partners, but they can also provide targeted support and suitable solutions for complex customer or real estate situations.
Darüber hinaus bietet der Zugang zu einem langjährigen Netzwerk von vertrauenswürdigen Fachleuten, die den Immobilien- und Finanzierungsmarkt gut kennen, einen echten Mehrwert auf dem Weg zum erfolgreichen Immobilienkauf. Wir arbeiten hier insbesondere mit qualifizierten Gutachtern, erfahrenen Anwälten und Steuerberatern zusammen, die unsere Kunden mit einer professionellen Beratung während des Immobilienprozesses umfassend unterstützen.
FAQs
What are the advantages of a mortgage calculator?
An online mortgage calculator can initially show you very rough scenarios for the financing amount, monthly mortgage payments and term that you need to calculate for a mortgage. The online mortgage calculator can provide a first orientation, but is no substitute for comprehensive and personalized financial advice.
What are important factors for calculating a budget using a mortgage calculator?
When calculating a budget for a mortgage using a mortgage calculator, several factors are taken into account, including your net income, your existing loans, current interest rates, the loan term and the amount of equity needed for the mortgage.
How does a mortgage calculator help determine different down payment scenarios?
As part of our advice and through our mortgage calculators, different conditions for the customer's situation can be determined if more or less equity can be contributed by the borrower. This makes it possible to decide what the optimal amount of equity is and how it affects individual interest rates and the total cost of financing.
How often should I use a mortgage calculator when I'm looking for a mortgage?
You can start by using various online mortgage calculators to get a better feel for the relevant key figures of a mortgage and to get an initial insight into possible calculations for your situation. However, you should have your financing advisor review final and realistic financing options, as they can provide more specific information on the feasibility or optimization of a financing plan.
Can I use a mortgage calculator to simulate a faster debt relief?
Many online mortgage calculators allow you to roughly simulate different repayment options for faster debt relief or lower monthly mortgage payments. However, your mortgage professional can give you more reliable information, as a free choice of amortization is not always possible because some banks have minimum amortization or requirements for repaying loans before retirement age.
What if I have questions about the results of a mortgage calculator?
At finbird, we always use mortgage calculators to perform analyses as part of a comprehensive financing consultation. This means that you will have a direct point of contact with whom you can clarify any questions or uncertainties that arise during our consultation. We explain any unfamiliar mortgage terms and go through various scenarios with you to ensure that you understand your financing options, the terms of your mortgage contract and the total cost of your financing.
Financing Process
At finbird, we offer comprehensive financial advice tailored to the diverse needs of our customers. Our advisory services, which include mortgage, loan, and construction financing calculators, help us to optimally calculate our customers' budgets, offer suitable financing concepts, and determine various down payment scenarios for the optimal mortgage.
Financial Expertise for a Wide Range of Needs
At finbird, we offer a comprehensive portfolio of financial services tailored to a wide range of customer needs - from private mortgages solutions for international professionals to international financing and capital solutions for companies. Benefit from our many years of expertise, well thought-out strategies and reliable financing solutions.
