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?

$
 
   
   
Securities America
8 Summit Terrace North
 • Kinnelon, NJ • 07405
Phone: 973-846-7091 • Fax: 973-846-7091
• mfleksher@prestigewealthgroup.com

Securities offered through Securities America Inc., Member FINRA/SIPC and Financial Planning and Advisory services offered through Securities America Advisors Inc. Prestige Wealth Group, LLC is not affiliated with any Securities America Company

Licensed to offer securities products in CA, CO, CT, DE, FL, MA, MD, ME, NC, NJ, NY, OR, PA, TX, VA, & WA

Licensed to offer insurance products in CT, FL, MD, ME, MI, NC, NJ, NY, & VA

Licensed to offer advisory services in NJ and able to provide advisory services through Securites America Advisors Inc. in all states but Texas