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?

$
 
   
   
Advanced Wealth Management Group
701 Fourth Avenue South, Suite 1600 • Minneapolis, MN • 55415
Phone: (612) 347-8669 • Fax: (612) 313-7546

Securities and advisory services offered through Financial Network Investment Corporation, member FINRA, SIPC.


 

 The information on this website is intended for use only by residents of the states listed below. Securities related services may not be provided to individuals residing in any state not listed. Arizona, California, Colorado, Florida, Illinois, Minnesota, Ohio, Virginia and Wisconsin.

Advanced Wealth Management Group is not affiliated to Financial Network Investment Corporation.  

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