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Affordable House Calculator
This calculator will calculate the price of the house you can afford and the amount that will be financed. Enter your annual income (before taxes) and the cash you have available. Then enter the interest rate you expect on a mortgage followed by the number of monthly payments you expect to make (360 for a 30 year mortgage, 180 for a 15 year mortgage). Enter the estimated annual taxes and insurance, the estimated annual total maintenance and the percent of your before tax income that you want to devote to housing.
Buyer's Annual Income?:
Cash Available?:
Annual Interest Rate?:
Number of Monthly Payments?:
Est. Annual Taxes & Insurance?:
Est. Annual Maintenance?:
Percent of Income for Payments?:
Amount Financed:
Affordable House:
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This page was updated on: 28-Mar-2009