What Can I Afford?

Use this handy calculator to help you determine what purchase price and/or loan amount you may be able to afford.

This calculator displays the minimum cash and income required, and the maximum debt service allowed, to purchase a house of some specified price.

Bold fields are required.

Enter the following information:
What is the purchase price of the property?
What is the planned down payment amount as a percent of the purchase price?
How long do you want to finance the property?
What is the interest rate?
How many points are you paying on the new loan?
Other than points, what are the other closing costs?
What are the yearly real estate property taxes?
What are the yearly hazard/homeowner's insurance costs?
What is the monthly homeowner's association fees (if applicable)?
 

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