CNB Mortgage Calculator

This mortgage calculator can help you determine if you can afford a new home based on your current salary. It should be noted, however, that usage of this tool does not indicate whether or not Canandaigua National Bank or any other institution will grant you a mortgage. It is only a rough guide to what can sometimes be a confusing or difficult process.

Here are some additional pointers:

1. Monthly mortgage, tax and insurance payments should generally not exceed 28% of your gross monthly income.
2. The sum of the monthly mortgage, tax, insurance and other debt payments should generally not exceed 36% of your gross monthly income.

Move the sliders and change the "Property Tax" and "Other Debt" values to calculate the payments and required monthly income.

CNB Mortgage Home Page