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?

$
 
   
   
Ayres Financial Group
14785 Preston Road Ste. 175 • Dallas, TX • 75254
Phone: 972-980-9600 • Fax: 972-980-8515
• Pierce.sharon@pmlmail.com

*Registered Reprsentative of, and Securities and Investment Advisory Services offered through Hornor, Townsend and Kent, Inc. (HTK), Registered Investment Advisor, Member FINRA/SIPC 16479 Dallas Parkway, Suite 850, Addison, TX 75001.  469-737-4000.  Ayres Financial Group and other listed entities are independent of HTK unless otherwise noted.  HTK is a wholly owned subsidiary of the Penn Mutual Life Insurance Company.  HTK does not offer tax or legal advice.
 

Our associates are insurance and securities licensed in our resident state of Texas (TX), in addition to other states.  For additional licensing information, please contact us at 972-980-9600.  This is not an offer or solicitation in any state where not properly licensed and/or registered.

A1RB-0909-02

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