Buying A Home - Affordability Worksheets

Enter the information below and we'll help you find out how much home you can afford. We you need help completing the information, simply click on the text beside each input field. Once you have completed the information, click on the Calculate button to view your results. To start over, click on the Reset button.

Enter your gross monthly income
Enter your monthly long-term debt payments
Enter the down payment you will make (%)	%
Enter the length of the loan in years	15 30
Enter the interest rate of the loan	4 3/4 4 7/8 5 5 1/8 5 1/4 5 3/8 5 1/2 5 5/8 5 3/4 5 7/8 6 6 1/8 6 1/4 6 3/8 6 1/2 6 5/8 6 3/4 6 7/8 7 7 1/8 7 1/4 7 3/8 7 1/2 7 5/8 7 3/4 7 7/8 8 8 1/8 8 1/4 8 3/8 8 1/2 8 5/8 8 3/4 8 7/8 9 9 1/8 9 1/4 9 3/8 9 1/2 9 5/8 9 3/4 9 7/8 10 10 1/8 10 1/4 10 3/8 10 1/2 10 5/8 10 3/4 10 7/8 11 11 1/8 11 1/4 11 3/8 11 1/2 11 5/8 11 3/4 11 7/8 %
Enter the price of a home you have in mind (optional)

Based on the information you provided above:
	Conventional Financing
The amount allowed each month for your housing expense and long term debt payment is:
Your estimated monthly allowable housing expense is:
Your estimated monthly principal and interest payment is:
Your estimated maximum loan amount is:
Your estimated home affordability price is:
Is the home you have in mind in your affordability range?

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