Affordability Calculator

Input
Loan Info
Downpayment
Interest (%)
Loan Length (Yrs)
Estimated Front Ratio ($)
Estimated Back Ratio ($)
Income DebtPayment
Income 1 ($) Auto Loan ($)
Income 2 ($) Boat/RV ($)
Income 3 ($) Credit Card 1 ($)
Income 4 ($) Credit Card 2 ($)
Income 5 ($) Other Accounts ($)
Taxes and Insurance
Annual Property Taxes
Annual Insurance
Annual PMI
Financial Analysis
Monthly Payment $1,542.40
Monthly Property Taxes $250.00
Monthly Insurance $125.00
Monthly PMI $103.01
Total Monthly Payment $2,020.41
Monthly Income $8,000.00
Monthly Debt Payment $910.00
Actual Front Ratio 25
Actual Back Ratio 37
Amount $247,231.03
Downpayment $27,470.11
Home Value $274,701.15

         
 
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Don’t waste valuable time looking at homes that are beyond your budget. Before you start your home buying trek, always examine your finances and determine a budget. Make sure your home purchase is not detrimental to your other life goals such as, savings, investing, children’s college education, cash flow, and etc.

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