Home Affordability  
Shopping for a home can be a very exciting time. But before you begin evaluating neighborhoods and housing options, you’ll need to know just how much you can afford to spend. This calculator is designed to give you an estimate of the amount of financing you can expect to get when you begin house hunting.
     


1. What is your current annual pre-tax income?
(Include all sources of income, including salary, interest, dividends, etc.)

$

2. What are your monthly long-term obligations?

 

2a. Monthly auto loan payments:

$

2b. Monthly credit card payments:

$

2c. Other monthly obligations: (such as student loans, alimony, child support, and other personal loans):

$

3. What would the interest rate be on your mortgage?

%

4. What would the term (length) of the loan be (in years)?

5. How much money do you have available for the down payment?

$
 
   
   
www.reynplans.com
1125 State Road, Suite #4 Westport, MA 02790
Phone: 508-636-6521 Fax: 508-636-6524

Sandra Reynolds, CFP®
Financial Planning
Alternatives,Inc.

1125 State Road, Suite #4

Westport, MA 02790

Tel 508-636-6521

Fax 508-636-6524


Securities & Investment Advisory Services
offered through Capital Analysts Incorporated

 Member SIPC FINRA

 
Capital Analysts Incorporated and Financial Planning Alternatives
are independent non-affiliated entities.
 

 

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