Is a mortgage right for you?

 

At Champion Wealth Management we know that one of the biggest investments you’ll make during your lifetime is your home. So, whether you’re purchasing a new home or refinancing to take advantage of lower rates we can help. We utilize industry professionals in the local area who take great care to provide the financing that is right for you. Take a look at one local provider's strategy.

The strategy:

  • Structures the Mortgage with long term financial health in mind
  • Takes into consideration family budget and taxes
  • Incorporates retirement, business interest and higher education concerns
  • Helps you determine which loan structure is right for your family
  • Determines if refinancing is in your best interest

The mortgage services are not provided by Champion Wealth Management. Refinancing your mortgage to purchase investments at Champion Wealth Management is prohibited.

Mortgage Qualifier The first step in buying a house is determining your budget. This calculator steps you through the process of finding out how much you can borrow. Fill in the entry fields and click on the "View Report" button to see a complete amortization schedule of your mortgage payments.

Mortgage APR Use this calculator to determine the Annual Percentage Rate (APR) for your mortgage. Press the report button for a full amortization schedule, either by year or by month.

Compare Loans Determining which loans provide you with the best value involves more than simply comparing monthly payments. Use this calculator to sort through the monthly payments, fees and other costs associated with getting a new loan. By comparing these important variables side by side, this calculator can help you pick the loan that works best for you. Click on the "View Report" button to see the results in detail.

Mortgage Refinance How long will it take to breakeven on a mortgage refinance? That depends on a multitude of factors including your current interest rate, the new potential rate, closing costs and how long you plan to stay in your home. Use this calculator to sort through the confusion and determine if refinancing your mortgage is a sound financial decision. Click the "View Report" button for a detailed look at your records.

Mortgage Taxes Interest paid on a mortgage is tax deductible if you itemize on your tax return. So are points that are paid to lower your interest rate. Use this calculator to determine how much you could save in income taxes. Click on the "View Report" button to view the results in detail.

Create a budget

Managing your monthly budget can be difficult and frustrating. One of the most important aspects of controlling your budget is to determine where your money is going. This calculator helps you do just that. By entering your income and monthly expenditures, you can see how much you have left to save and where your money is being spent. In addition, you can click the "View Report" button to compare your budget breakdown to our targets, which can help identify areas for improvement.

Home Budget Analyze your budget, see where your money goes and find out where you can improve.