This affordability calculator is a financial tool that you can utilize to determine how much you can afford to spend on a residential home. It considers various factors, such as income, expenses, and other financial obligations, to estimate the maximum amount of money that can be allocated towards the purchase of a home.

Enter into the home affordability calculator your monthly income, monthly debts, current interest rates, and the amount of money you have available for a down payment. Using this information, the calculator will generate an estimate of the maximum mortgage amount you could reasonably afford for a residential home, as well as the maximum sale price.

This affordability calculator can be useful tools for people who are in the process of buying a home, allowing you to make informed decisions about what you can allocate towards your purchase.   If you have further questions or would like additional information feel free to contact us.

Affordability Calculator