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?

$
 
   
   
Diefendorf Capital Planning
152 Forest Avenue Locust Valley, NY 11560
Phone: 516-759-3900 Fax: 516-759-3928
Info@DiefendorfCapital.com

              Securities offered through:
                      Sterling Monroe Securities
                     168 Forest Avenue,  Locust Valley, NY 11560
                     516-759-5735
                    Member
FINRA, SIPC

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