Affordability Calculator

Loan Amount     Enter Gross Annual Income $ Amount available for Down Payment $      Monthly Debt      Car Payments $      Credit Cards $      Student Loans $      Others $ Points(%)       Mortgage Rate(%)       Loan Term --Select-- 15 30 Closing Cost $ Annual Property Taxes $ Annual Home Owner's Insurance $               Loan Amount           Don't settle for calculators. Login to Anawise Report to create a free, fast, end to end analysis of your home purchase in one report. Click here     Loan Amount This calculator assumes two different debt ratios for the two scenarios i.e. conservative and aggressive The conservative scenario assumes a lower debt ratio or ratio of total monthly debt / gross monthly income than the aggressive scenario, resulting in lower house price or lower affordability. The debt/income ratios used in this calculator are indicative only and may vary from lender to lender. This calculator does not assume levy of PMI. If your downpayment is lower than 20%, you may be levied PMI. All else remaining the same, increase in downpayment increases the 'amount' of house you can buy.