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?

$
 
   
   
John P. Stanley Associates
7 East Frederick Place, Suite 100 • Cedar Knolls, NJ • 07927
Phone: Direct Line : (973) 984-1955
Fax : (973) 540-1155
Stanley_John@nlvmail.com
Http://www.JohnPStanley.com

John P. Stanley is a Registered Representative and Investment Advisor Representative of Equity Services, Inc.  Securities and investment advisory services offered solely by Equity Services, Inc., Member FINRA/SIPC, a Broker/Dealer and Registered Investment Adviser, 7 East Frederick Place, Cedar Knolls, NJ 07927 Tel: 973-538-9100   John P. Stanley Associates and all other entities referenced are independent of Equity Services, Inc. unless otherwise noted.


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