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?

$
 
   
   
Randall L. Bliss, CFP®
Lake County Office:
9930 Johnnycake Ridge Road, Suite #2F
Concord, OH 44060
(440) 299-8740 or (216) 200-5530 or
Toll Free: (866) 576-0101


Cuyahoga County Office:
4700 Rockside Road, Suite 430
Independence, OH 44131
(216) 328-9600 or (800) 759-5433
FAX (216) 328-9604
randall.bliss@pesmail.com