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.)

$

2a. What are your monthly long-term obligations?
Monthly auto loan payments:

$

2b.Monthly credit card payments:

$

2c. Monthly association fees/dues:

$

2d. Monthly spousal/child-support payments:

$

2e. Other monthly obligations:

$

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?

$
 
   
   

Andrea Allen is a Registered Representative of and offers securities, investment advisory, and financial planning services through MML Investors Services, Inc., Member SIPC. Supervisory Office:  777 Main St., Suite 2260, Fort Worth, TX 76102, 817-332-4451. Insurance offered through Massachusetts Mutual Life Insurance Company (MassMutual) and other fine companies.   *Licensed but not practicing on behalf of MML Investors Services, Inc., Massachusetts Mutual Life Insurance Company or Andrea Allen Financial Services LLC.  This is not a CPA firm.