Finding the perfect condo, loft, or penthouse in downtown Boston is only half the battle. Buyers also want to find a way to get the best deal and have some extra money in the bank each month. Loan calculators go a long way in helping buyers save large sums of money.

Avoid Overspending

It’s easy to fall in love with Downtown Boston properties for sale and do everything it takes to get into the one you love most. Mortgage calculators bring people back down to earth by finding out how much they will spend each month. This piece of information has helped countless people avoid falling in loved with a property they can’t afford.

See the Down Payment in Action

A lot of homebuyers don’t realize how powerful a large down payment can be. Plugging different down payment amounts into a mortgage calculator lets people see the impact it has. When people put up a down payment, they finance less money. That means they pay less interest over the life of the loan. Buyers who base their down payments on the information provided by the mortgage calculator save thousands upon thousands of dollars over the life of the loan.

Understand How Credit Impacts Interest Rates

Loan calculators let homebuyers input their credit information to see how it impacts their interest rates. People quickly see the differences between excellent, good, and poor credit. Many prospective downtown Boston condo buyers use that information as motivation to improve their scores before applying for loans. Simply reducing debt on credit cards often gives people the boost they need to get better interest rates. Those better rates save them money over the life of the loan.

Mortgage calculators are one of the best tools homebuyers have at their disposal. They are easy to use and provide a wealth of information that people use to save money for the duration of their loans.

Work with an Experienced Real Estate Agent

While loan calculators are a great help to new homebuyers, nothing can beat working with a trusted real estate agent with loads of experience securing Downtown Boston condos for sale. A great agent can also help you through each step of the buying process and put your mind at ease when you’re ready to sign the contract. For more information or to see what properties are available, give us a call at Ford Realty 617-720-5454.

Author Profile

John Ford
John Ford

Over the course of 20 years in the Boston downtown real estate market, John represented and sold numerous, condominiums, investment and development properties in Greater Boston and in the surrounding suburbs

In addition to representing Boston condo buyers and sellers, John is currently one of the most recognized Boston condo blog writers regarding Boston condominiums and residential real estate markets. John's insights and observations about the Boston condo market have been seen in a wide variety of the most established local & national media outlets including; Banker and Tradesman, Boston Magazine The Boston Globe, The Boston Herald and NewsWeek and Fortune magazine, among others.


For over 24 years, John Ford, of Ford Realty Inc., has been actively involved in the real estate industry. He started his career in commercial real estate with a national firm Spaulding & Slye and quickly realized that he had a passion for residential properties. In 1999, John entered the residential real estate market, and in 2000 John Started his own firm Ford Realty Inc. As a broker, his clients have come to love his fun, vivacious, and friendly attitude. He prides himself on bringing honesty and integrity to the entire home buying and selling process. In addition to helping buyers and sellers, he also works with rental clients. Whether you’re looking to purchase a new Boston condo or rent an apartment, you’ll quickly learn why John has a 97% closing rate.


Back Bay

Beacon Hill

Charles River Park


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Seaport District

South Boston



Surrounding Communities of Boston
John Ford and his staff can be reached at 617-595-3712 or 617-720-5454. Please feel free to stop by John's Boston Beacon Hill office located at 137 Charles Street.

John Ford
Ford Realty Inc
137 Charles Street
Boston, Ma 02114



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