Joy Jackson

HELPFUL HINT: When calculating how much you can afford, factor in extra expenses, ie if you like to shop, if you like to travel, your entertainment expenses, adding money to your savings, etc.   When you own a home, you should be able to live the same lifestyle prior to before.


How Much Can You Afford?


 
Our calculators will help you determine loan amounts, mortgage qualification, affordability or whether you should be renting or buying.

Complete the fields below and click Calculate Now. To view the results of each calculation, click on the various tabs.  To email yourself a copy of the results, click the Receive this Detailed Analysis link.

 
Required
Term In Years:     
Interest Rate:      %
Cost of Home:  $
Down Payment:  $
Annual Insurance:  $
0.43%of Cost
Annual Property Tax:  $
1.2%of Cost
Monthly Income:  $
Monthly Debt:  $
Optional
Gross Debt Service Ratio (GDS):     
Total Debt Service Ratio (TDS):     
Condos Fees:  $

Results
  Receive this Detailed Analysis


Mortgage   Qualification   Affordability   Rent vs Buy    

Your Monthly Payments
 
Loan Amount:    
Loan Insurance ( %):
Total Loan(Mortgage) Amount:
 
Principal & Interest:    
Homeowners Insurance:    
Property Taxes:    
Condo Fees:    
Monthly Loan Insurance (%):    
Total Monthly Payment:    
 



Knowledge is the key. . .

With the everchanging laws, rules, requirements, loan programs, seller needs and buyer wants, real estate can seem overwhelming.  If you have any questions, concerns, or comments please feel free to call or email me. 

 

704-408-7672 (cell)
704-679-9440 (office)
704-679-9909 (fax)

jjackson@247realestate.com

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