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?

$
 
   
   
Daniel J. Galli & Associates
101 Longwater Circle, Suite 201 • Norwell, MA • 02061
Phone: (781) 878-2322 • Fax: (781) 878-6618
• info@djgalli.com

 

Securities and investment advisory services offered solely through Ameritas Investment Corp. (AIC).  Member FINRA/SIPC.  AIC and Daniel J. Galli & Associates are not affiliated.  Additional products and services that are not offered through AIC may be available through Daniel J. Galli or Daniel J. Galli & Associates

 

 

Licensed for insurance sales in (MA, RI, NH, WA).

Licensed for securities sales in (CA, CT, FL, MA, MD, ME, MI, MO, NC, NH, NY, OR, PA, RI, SC, TX, WA).

 

This is not intended as an offer of services or a solicitation of sales in any jurisdiction where we are not licensed or the products described are not available.