What are the local amenities and recreational opportunities?

Enter a few tidbits of information into our easy online home affordability calculator to see how much house you can afford. We'll walk you through multiple factors to consider to help you estimate a mortgage loan amount and home purchase price with your salary in mind. Dec 11, 2024 ... Enter your income, monthly debt payments, and available cash for a down payment into our home affordability calculator, and we'll crunch the numbers for you. It states that a household should spend no more than 28% of its gross monthly income on the front-end debt and no more than 36% of its gross monthly income on ... What mortgage can you afford? When it comes to mortgages, you want to find a balance between borrowing enough to buy your home, but not so ... Aug 14, 2021 ... The DTI ratio determines the percentage of monthly income that should be dedicated to paying off debt. Most lenders recommend a DTI ratio of 36% ... You can afford a home worth up to $336,480 with a total monthly payment of $1,750 · LOAN & BORROWER INFO · TAXES & INSURANCE · ASSUMPTIONS. Debt-to-income ratio. Use this tool to calculate the maximum monthly mortgage payment you'd qualify for and how much home you could afford. Monthly income? $. 5000. Monthly expenses? ... Loan term (years)? 30. Interest rate? %. 3.9. Down payment? $. 30000. Annual property taxes? $. 1500. Annual home ... Jul 16, 2021 ... Sure! Assuming you work 40 hours a week, your gross monthly income is $3,500. That's the figure lenders will use to decide how much loan you can ...