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?

$
 
   
   
Legacy Financial Associates, Ltd.
5171 Wallings Road, Suite 130 North Royalton, OH 44133
Phone: 440-237-8000 Fax: 440-237-8002
pmartin@multifin.com

Securities and advisory services offered through Multi-Financial Securities Corporation, member FINRA, SIPC.

5171 Wallings Road, Suite 130, North Royalton, OH 44133

 

Legacy Financial Associates, Ltd. and Multi-Financial Securities Corporation are not affiliated companies.

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