*SAVE MONEY AND REDUCE TAXES

How much house can you afford?


  • Annual Income

  • Monthly Debt (Car payments, credit cards, student loan payment etc.)

  • Cash in hand for down payment

  • Property tax rate (1% = $1000/yr for 100K house)

  • Home Insurance rate (0.5% = $500/yr for 100K house)

  • Interest Rate (%)

  • Length of Loan (years)

  • Maximum PITI Debt Ratio (%) - If unsure leave as 28%

  • Maximum Total Debt Ratio (%) - If unsure leave as 36%


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