Home » Affordability Calculator

Affordability Calculator

Your browser does not support iframes.

Income
Gross Monthly Income (before tax)^*
Maximum Housing Expense 30%
(M1) Max Monthly Payment Based on Income	7500.00

Monthly Debts
Current Monthly Debts^*
Maximum Debt-to-Income Ratio 40%
(M2) Max Monthly Payment Based on DTI	7500.00
Maximum Monthly Payment (lower of M1,M2)	7500.00

Monthly Housing Expenses
Property Tax (Monthly)^*
Home Owners Insurance (Monthly)^*
PMI (private mortgage insurance)^*
HOA Fees^*
(M3) Max PI Payment Based on Expenses	7500.00

Available Funds
Available Funds^*
Fixed Closing Costs^*
Variable Closing Costs (based on price)^*
Minimum Down Payment	5%
Maximum Home Price Based on Funds	7500.00
(M4) Max PI Payment Based on Funds	7500.00
Maximum PI Payment (lower of M3,M4)	7500.00

Financing
Term of Mortgage (years)^*
Annual Interest Rate^*
Loan Amount Based on Max PI Payment	7500.00
Down Payment Based on Available Funds	7500.00
Total Estimated Closing Costs	7500.00
Maximum Home Price	7500.00

Estimated Home Price

sadsad

123456.00

asdsad

asdsad

asdsad

asdsad

asdsad

Loan Amount

Down Payment

Est. Closing Costs