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Licence Agreement:
Use of the calculator constitutes acceptance of the following terms. This
calculator is provided as a free service to WRA members and other users of this site. It should not be used
as a substitute for professional advice from your accountant or financial
advisor. The results of calculations should not be taken as a statement of
one's credit-worthiness, but rather a general guideline/estimate of mortgage
payments and affordability. Furthermore, calculated results should not to be
construed as an application, pre-approval or "commitment to pre-qualify you"
for a loan program through a lender. Qualification for loans and specific loan programs may
require additional information such as credit scores and an analysis of your
cash reserves, which are not considered in these calculations. Additional fees
such as PMI are also not considered.
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