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?

$
 
   
   
Sears Group, Inc. : Virginia Beach, VA : Michael H Sears
5724 Princess Anne Rd • Virginia Beach, VA • 23462
Phone: (888) 253-8658
• msears@searsgroupinc.com

Consultant, Michael H. Sears, 5724 Princess Anne Road, Suite 101, Virginia Beach, VA 23462 • (757) 456-9124 • Fax: (757) 456-5124
Securities offered through Questar Capital Corporation (QCC) Member FINRA/SIPC (888) 446-5872; 5701 Golden Hills Drive Minneapolis, MN 55416-1297
Advisory Services offered through Questar Asset Management (QAM), a Registered Investment Advisor. Sears Group, Inc. is independent of QCC and QAM.