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?

$
 
   
   
Professional Planning Group
9 Granite Street • Westerly, RI • 02891
Phone: 401-596-2800 • Fax: 401-596-5980

Professional Planning Group does not accept orders and or instructions regarding client accounts by e-mail, voice mail or fax.
• info@ppgadvisors.com

Securities offered exclusively through Raymond James Financial Services, Inc. Member FINRA/SIPC

Professional Planning Group is an Independent Registered Investment Advisor

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