Buy, Sell, Invest - You Decide, We'll Do The Rest doing more... 772-564-6100

How Much Can You Afford?


 
Our calculators will help you determine loan amounts, mortgage qualification, affordability or whether you should be renting or buying.

Complete the fields below and click Calculate Now. To view the results of each calculation, click on the various tabs.  To email yourself a copy of the results, click the Receive this Detailed Analysis link.

Required Fields
Term In Years:     
Interest Rate:      %
Cost of Home:  $
Down Payment:  $  
Annual Insurance:  $  
Estimate Insurance to 0.43% of Cost
Annual Property Tax:  $  
Estimate Tax to 1.2% of Cost
Monthly Income:  $
Monthly Debt:  $
Optional Fields
Gross Debt Service Ratio (GDS):     
Total Debt Service Ratio (TDS):     
Condos Fees:  $
Results
  Receive this Detailed Analysis

Your Monthly Payments
 
Loan Amount:
Loan Insurance (%):
Total Loan (Mortgage) Amount:
 
Principal & Interest:
Homeowners Insurance:
Property Taxes:
Condo Fees:
Monthly Loan Insurance (%):
Total Monthly Payment:
Income Needed to Qualify for the Mortgage
Total Monthly Loan Payment:
Total Monthly Debt Payment:
Monthly Loan Insurance (%):
Qualifying Income of % GDS Ratio:
Qualifying Income of % TDS Ratio:
What You Can Afford
We are using the % ratio.
Cost of House:
Down Payment:
Loan Value:
Monthly Principal & Interest:
Monthly Insurance:
Monthly Property Tax:
Monthly Condo Fees:
 
Cost of House = [(Monthly income x Debt Ratio) – monthly tax – monthly insurance – condo fee] /
(monthly interest rate/ function of interest rate)
Renting
Monthly Rent: $
Annual Rental Increases:  %
Monthly Renter Insurance: $
Savings or Investment Rate:  %
 
Owning
Planned # of years in home: 
Yearly appreciation of the home:  %
Annual home maintenance:  %
Home  |  SEARCH the MLS Now  |  Fannie Mae  |  GUARANTEED Sale  |  My Community List  |  Waterfront Homes List  |  Short Sale List  |  Pool Homes List  |  Foreclosures List  |  Barrier Island List  |  Condominium List  |  Move-Up Home List  |  HUD Homes List  |  Gated Communities  |  Affordable Homes  |  Luxury Homes List  |  Avoid Foreclosure  |  Over-the-Net Eval  |  Featured Properties  |  Rental List  |  CNN says BUY NOW!  |  Join Our Team  |  Art and Design  |  VIP Buyer Service  |  Your First Home  |  Buyer's Toolkit  |  Avoid Buyer Errors  |  For Buyers  |  Testimonials  |  Paying it Forward  |  Meet our Team  |  Do not pay too much  |  Calculators  |  Classic Tube  |  Our Offers  |  Contact Us  |  Gallery Strolls  |  Affiliates / Partners  |  HECM Fannie Mae
 

Privacy Policy  |  Profile  |  Sign In

Choose language: