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?

$
 
   
   
Herr Capital Management, LLC
431 South Dearborn Street
Suite 601		 • Chicago, IL • 60605
Phone: 312.697.1600 • Fax: 1.866.697.1603

 

 

 

 Herr Capital Management, LLC
Where Prosperity Begins©

431 South Dearborn, Suite #601
Chicago, Illinois 60605
Phone:  312-697-1600                 Fax: 1-866-697-1603

 Securities offered through American Portfolios Financial Services, Inc. Member FINRA/SIPC.  Investment Advisory Services offered through Herr Capital Management, LLC, a registered investment advisor independent of American Portfolios Financial Services Inc

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