Affordability Calculator

How much house can I afford? The Affordability Calculator determines the largest mortgage and property sales price you can afford based on your current financial status. It is useful to have this estimate when you contact a lender. Being pre-approved can often times give you a stronger negotiating position when purchasing your home.

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Enter Data Here			Your Estimated Results
Monthly Income - $			Maximum Mortgage Amount
Monthly Obligations - $			Down Payment
Down Payment - %			Property Sales Price
Closing Costs - %			Closing Costs
Buyer(s) Available Cash Funds			Down Payment & Closing Costs
Savings & Cash - $			Funds Surplus / Shortage (-)
Taxes and Insurance			Monthly Loan Payment
Annual Property Tax - %			Monthly Property Tax
Annual Hazard Insurance- %			Monthly Hazard Insurance
Annual Condo Fee - $			Monthly Condo Fee
Loan Parameters			Monthly PMI Insurance
Annual Interest Rate - %			Monthly Housing Expense
Loan Term in years

Affordability Calculator

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