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?

$
 
   
   
28871 Center Ridge Rd #101 • Westlake, OH • 44145-5271
Phone: (440) 353-9700
Toll Free: (877) 249-6633		 • Fax: (440) 328-4573
• mundellj@financialnetwork.com

Securities and advisory services offered through Financial Network Investment Corporation, member FINRA, SIPC.

We are licensed to sell Insurance Products in the following state(s):  Ohio

We are registered to sell Securities in the following state(s):  Ohio

 

Mundell Financial Group is not affiliated with Financial Network Investment Corporation

The registered representative(s) and/or investment adviser representative(s) listed on this website are licensed and registered in the following states:

We are licensed to sell Insurance Products in OH.

We are registered to sell Securities in OH.

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