Work Out What You Can Afford

Use the mortgage calculator, ask Ruth for your personal price ceiling, and apply for financing — all without leaving CaribiDreams.

Knowing your number changes everything: you search calmer, view sharper, and negotiate stronger. Three tools, in order of depth:

1. The mortgage calculator

  1. Open /mortgage-calculator.
  2. Enter a property price, down payment, interest rate, and term.
  3. Read your estimated monthly payment and how it splits between principal and interest.

You'll also find a mini version of this calculator on every for-sale listing, pre-filled with that property's price.

2. Ask Ruth for your ceiling

The calculator answers "what does this house cost monthly?" — Ruth answers the better question: "what price can I afford?"

  1. Open Ruth (the chat bubble, or the Ruth tab in your dashboard).
  2. Say "What can I afford?" and tell her your monthly income — and your savings, if you want the full picture (cash on hand often sets the real limit, because of the down payment and closing costs).
  3. Ruth calculates your ceiling under standard bank rules (45% repayment rule, 10% down, current rates) and — this is the good part — shows you the actual listings within your budget.

Numbers are estimates; our team can confirm exact figures with your bank.

3. Apply for financing

Ready to move? Start a loan application at /loan-application:

  1. Fill in your details, income, and the property you have in mind.
  2. Submit — our team reviews it and walks you through the bank process.
  3. Track progress in your dashboard under Applications.

Worth recording

Tell us your financing position in your Preferences — cash buyer, pre-approved, or still exploring. It helps your agent bring you the right opportunities at the right speed.