Most home purchases will involve getting a mortgage from a financial institution. Each of these institutions has their own options to choose from, variable-rate mortgages, fixed-rate mortgages, etc. 

 

The Mortgage Payment Calculator  shown below will help you to estimate how much of a purchase price you can afford, what your monthly payments are likely to be, etc.

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As this is likely to be one of the most important purchases of your like your are encouraged to shop around and work with a lender you trust to help you find the right solution for you.