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?

$
 
   
   
Penn Mutual - The New Jersey Regional
103 Fairway Terrace • Mount Laurel, NJ • 08054
Phone: (856) 234-7366 (800) 723-7366 • Fax: (856) 231-8585
• Daley.Tom@pmlmail.com Jones.Susan@pmlmail.com Pasciullo.Barbara@pmlmail.com Hawkins.Nancy@pmlmail.com Malatesta.Joann@pmlmail.com Rosh.Herm@pmlmail.com Smokler.Scott@pmlmail.com Eagan.Michael@pmlmail.com Raroha.Diana@pmlmail.com Bradley.George@pmlmail.com Ferguson.Rita@pmlmail.com

NJ Metro Region has an exemplary reputation for providing advance planning support to Independent Producers and Financial Advisors.


Securities and Investment Advisory Services offered through Hornor, Townsend and Kent, Inc., (HTK), Registered Investment Advisor,  Member FINRA/SIPC.  HTK is a wholly owned subsidiary of The Penn Mutual Life Insurance Company and does not offer tax or legal advice.

A1CD-0516-06

Privacy Policy