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?

$
 
   
   
Stevens Rich, PLLC.
1130 Junction Highway, Suite 100 Kerrville, TX 78028
Phone: 830.895.2021 Fax: 830.895.0756
john.rich@investmentcenters.com

Investment Centers of America, Inc. (ICA), member FINRA/SIPC and a Registered Investment Advisor, is not affiliated with Security State Bank and Trust or Stevens Rich PLLC.  Securities, advisory services and insurance products offered through ICA and affiliated insurance agencies are not insured by the FDIC or any other Federal Government agency, not a deposit or other obligation of, or guaranteed by any bank or their affiliates subject to risks including the possible loss of principal amount invested.

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