Buying Power Calculator

Use this handy dandy calculator to figure out how much house you can afford. Replace the test values with your own. TIP....Click the underlined headings to bring them to the top of the page. Your results will appear at the bottom of this page.

Net Income						Exit
Yours:		X		=	0.00
Spouses:		X		=	0.00
Other:		X		=	0.00
			Total annual income			0.00

Expenses (Auto)
Auto	Pay-Off	Payment
#1		X 12		=	0.00
#2		X 12		=	0.00
Insurance: Per				=	0.00
I (we) drive miles per				=	0.00
- Annual Auto Expense					0.00	0.00

Credit Cards and Loans
Loan	Balance	Payment
#1		X 12		=	0.00
#2		X 12		=	0.00
#3		X 12		=	0.00
#4		X 12		=	0.00
- Loan Expense					0.00	0.00

Other Expenses
Food:		X		=	0.00
Other:		X		=	0.00
-Other					0.00	0.00

Mortgage and Down Payment Info
Desired Loan Length (years)
Down Payment
Interest Rate (%)
Pay Off Car Loans with Mortgage
Pay off Credit Cards with Mortgage


Results
Your annual housing budget is:				0.00
You can afford to make a house payment of:				0.00
Utility bills, insurance and property tax:				0.00
Your Borrowing power is:				0.00
Add $0.00 Downpayment				0.00
Subtract pay-offs on your autos, credit cards etc.				0.00
Closing Costs				0.00

This calculator is intended as a reference guide only. Each person's borrowing power may be more favorably or adversly affected by variables beyond its scope.

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