Property Calculator

You may be surprised by how much home you really can afford . Affordability traditionally takes into consideration income, credit rating, interest rates, and other household expenses. Typically working with a bank or mortgage company, your debt to gross income ratio should not exceed 35-38%. Contact a licensed lending institution directly to determine what you would qualify for with them. The property calculator below is set 'very' conservativety for a traditional bank loan and does include rent·to-own or sweat equity.  Contact us and we can provide more information on this important topic.

Property Price Calculator
 
Monthly payment you can afford:
Cash available for down payment and closing costs:
Annual mortgage interest rate (%):
Term of mortgage loan:
Closing costs (as % of home purchase price):
Estimated annual homeowner's & mortgage insurance & property taxes (as annual % of home sales price):
Approximate price of house:



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