Here's an easy way to determine what you can afford!
1. Enter the Sales Price (or value) of your home
2. Enter what you will be putting as a Down Payment
3. Enter the length of your loan and the Interest Rate
The remainder of the calculations will default to the specified amounts if you put nothing in the box. If the amount is zero, put 0 in the box
Click on the "Calculate" button to show the approximate amount of your monthly payments
SALES PRICE ($)
Down Payment ($)
Loan Amount ($) - CALCULATED
Loan Length, Years (default at 30 years)
Interest Rate (default at 7.50%)
Yearly Property Taxes (default at 1.25%)
Yearly Homeowner's Insurance (default at .3%)
Monthly Association Fee (default at $100) |