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?

$
 
   
   
The Valley Group, Inc.
407 Hurley Ave. Extension • Kingston, NY • 12401
Phone: 845 331-2255 • Fax: 845 331-4425
• michael.ryan@tssimail.com

Disclaimer

Securities & Investment Advisory Services offered through Tower Square Securities, Inc., (TSS) (member FINRA/SIPC), a Registered Investment Adviser.  The Valley Group, Inc. is a separate entity from Tower Square Securities, Inc.  Branch Office: 407 Hurley Ave., Kingston, NY 12401.

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