We agree with the contractor that the damages resulting from increased interest rates are consequential damages. Increases in interest rates are not caused by delays in completion of construction contracts.
So you can multiply your current rent by 1.33 to arrive at a rough estimate of a mortgage payment. Hereâs an example: If you currently pay $1,500 per month in rent, you should be able to comfortably afford a $2,000 monthly mortgage payment after factoring in the tax benefits of homeownership.
The mortgage affordability calculator helps you to determine how much house you can afford. It analyzes your monthly income, monthly expenses, and specified mortgage rate to calculate the most affordable mortgage for you.he mortgage affordability calculator helps you to determine how much house you can afford. It analyzes your monthly income, monthly expenses, and specified mortgage rate to calculate the most affordable mortgage for you.