Home Affordability Calculator

This calculator will help new home buyers establish an affordable price range for their new home search based on actual income and debt levels, current mortgage rates and term, insurance, and tax rates.

Enter Your Data Here
Monthly Income		Monthly Debts
Down Payment	%	Funds available for home purchase
Taxes and Insurance
Annual Property Tax	%	Annual Hazard Insurance	%
Loan Conditions
Annual Interest Rate	%	Loan Term	years

Your Estimated Results
Description	Conservative Estimate	Agrressive Estimate
Maximum Mortgage Amount
Down Payment
Property Sales Price
Closing Costs
Down Payment & Closing Costs
Funds Surplus / Shortage (-)
Monthly Loan Payment
Monthly Property Tax
Monthly Hazard Insurance
Monthly PMI Insurance
Monthly Housing Expense

Disclaimer: The accuracy of the results of this calculator is not guaranteed as well as their applicability to your particular circumstances. They are intended to give you an idea of what actual mortgage payments would be for different mortgage scenarios. When your
ready to finance you should consult a professional, please contact us and we will calculate your mortgage payment based on your current financial situation and the specific details of the subject property.