How Much Can You Afford?

Our online mortgage calculator will help you determine loan amounts, mortgage qualification, affordability or whether you should be renting or buying.

Complete the fields below and click Calculate Now. To mail yourself a copy of your results, click the Receive this Detailed Analaysis link.

We also offer owner financed properties (rentals and lease option homes) that allow you time to build or repair your credit.) Call for details.

If you're serious about making a move soon then it's important to get pre-qualified now. Before you get too involved looking at homes and writing offers, you'll want to know what you can comfortably afford. Being pre-qualified gives you an advantage over those who aren't, and puts you in a better negotiating position to get the house you want.

Please contact me at 614-755-9566 to get pre-approved with a qualified lender to purchase a home or for details about our owner financed properties .

Required

Required Must be a number between 1 and 50
Term In Years:
Required Must be a number between 1 and 100
Interest Rate:	%
Required
Cost of Home:	$
Required Cannot be more than Cost of Home
Down Payment:	$
Required
Annual Insurance:	$
Estimate Insurance to 0.43%of Cost
Required
Annual Property Tax:	$
Estimate Tax to 1.2%of Cost
Monthly Income:	$ Required
Monthly Debt:	$ Required

Optional

Gross Debt Service Ratio (GDS):
Total Debt Service Ratio (TDS):
Condos Fees:	$

Results

Receive this Detailed Analysis

Mortgage
Qualification
Affordability
Rent vs Buy

Your Monthly Payments

Loan Amount:
Loan Insurance ( %):
Total Loan(Mortgage) Amount:

Principal & Interest:
Homeowners Insurance:
Property Taxes:
Condo Fees:
Monthly Loan Insurance (%):
Total Monthly Payment:

Income Needed to Qualify for the Mortgage

Total Monthly Loan Payment:
Total Monthly Debt Payment:
Monthly Loan Insurance (%):
Qualifying Income of % GDS Ratio:
Qualifying Income of % TDS Ratio:

What You Can Afford
We are using the % ratio.
Cost of House:
Down Payment:
Loan Value:
Monthly Principal & Interest:
Monthly Insurance:
Monthly Property Tax:
Monthly Condo Fees:

Note: Cost of House = [(Monthly income x Debt Ratio) – monthly tax – monthly insurance – condo fee] / (monthly interest rate/ function of interest rate)

Monthly Rent:	$ RequiredMust be a positive number	No. of Years you plan on keeping the home:	RequiredInvalid
Annual Rental Increases:	% RequiredInvalid	Yearly Appreciation on the Home:	% RequiredInvalid
Monthly Renter Insurance:	$ RequiredInvalid	Annual Home Maintenance:	% RequiredInvalid
Savings or Investment Rate:	% RequiredInvalid

WE'RE READY TO GET MOVING!

CLICK HERE!!

GET YOUR VERY OWN FREE and PERSONALIZED WEBPAGE OF HOMES HERE

Just click on the link above and tell me what you're looking for in your next home. You'll receive your own webpage of all homes listed in the MLS that match. You'll be able to mark your favorites, ask questions, and schedule showings. You'll see the same information that I see. Call me at 614-755-9566 to get started today.

How Much Can You Afford?

WE'RE READY TO GET MOVING!