Payment Calculator
Inputs
Results
Mortgage Term:
$
Monthly Prin + Int:
Interest Rate:
%
Monthly Tax:
Loan Amount:
$
Monthly Insurance:
Annual Tax:
$
Total Payment:
Annual Insurance:
$
Affordability Calculator
Inputs
Results
Gross Monthly Income
 $
Max Sales Price
 $
Monthly Non-Housing Debt
 $
Max Loan Amount
 $
Cash Available to Put Down
 $
Max Monthly Payment
 $
Interest Rate
 %  
Term in Years
 yrs

Your salary must meet the following two conditions:
Your gross (pre-taxes) monthly salary must be greater than 33% of the sum of the monthly mortgage and monthly tax payments. Your gross (pre-taxes) monthly salary must be greater than 45% of the sum of the monthly mortgage, monthly tax and other monthly debt payments.