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Your current situation |
| Your gross (pre-tax) monthly income (e.g., $2,500): |
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| Your monthly debts (e.g., $500): |
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| Savings available to purchase a home (e.g., $4,000): |
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The type of loan you would pursue |
| Length of loan: |
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| Interest rate (e.g., 7%): |
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| Number of closing points (e.g., 2): |
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| Other closing costs (e.g., $250): |
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| Annual property taxes (e.g., $1,000): |
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| Annual homeowner's insurance (e.g., $400): |
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| (Note: You should fill in all of the above fields to obtain an accurate analysis.) |
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What you can afford |
| (Note: Fill in all the blanks above and these figures will be calculated for you) |
| The largest mortgage that you can afford: |
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| The largest monthly mortgage payment that you can afford: |
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| Including savings, points and closing fees, this would allow you to purchase a home costing: |
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| Savings available for a down payment after closing costs: |
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| This would give you a down payment percentage of: |
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