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?

$
 
   
   
Perret Financial
300 Vestavia Parkway
Ste 2300		 • Birmingham, AL • 35216
Phone: 205-795-2043 Toll Free: 1-800-654-0617 • Fax: (205) 823-7758
• paul@perretfinancial.com
Currently Licensed in Alabama, Georgia, Louisiana, Mississippi, North Carolina and Tennessee. License Held: 6, 63 and 65
 
Investment Advisory services offered through Investment Advisors, a division of ProEquities, Inc.
A Registered Investment Advisor. Registered Representative, ProEquities, Inc. A Registered Broker, Dealer, and Member FINRA & SIPC.
  Perret Financial is independent of ProEquities, Inc.