Net Worth
What is the impact of your mortgage on your future net worth? How could you investments contribute to your net worth in the years to come? Our Net Worth Calculator can help you answer questions like these.
The Net Worth Calculator is an easy to use tool that allows you to project what your net worth will be over the next ten years. You can view the summary results in a graph, and also generate a personalized report that outlines projections for your assets, liabilities and net worth for each of the next ten years.
The Asset Calculator section enables you to input your major assets by category such as real estate, personal property, investments and cash. You can also enter how fast you expect your assets to increase each year in the next decade. The Liabilities Calculator section is where you can input details on your home mortgage, as well as other debt, for example car loans, student loans, or credit card debt. You can also indicate how fast you expect to pay down these debts. (Hint: You may wish to consolidate high interest consumer debt into your mortgage – consult an Invis mortgage broker to learn how much you could save by doing this.)
If you're looking to buy a home, or renew or refinance an existing mortgage, the Net Worth Calculator can give you a head start when it comes to mortgage decision making. When you're ready to look into which mortgage strategy will help you reach your financial and lifestyle goals, an Invis mortgage broker can provide you with expert advice on all your options.
