How Much Can I Afford?
 
Property Information
Amount Financed
Mortgage Length Years
Interest Rate %
Annual Taxes
Monthly Debt
 
Results
Monthly Principal & Interest
Total Housing Payment (tax & insurance included)
Required Salary
Your salary must meet the following two conditions:
  1. Your gross (pre-taxes) monthly salary must be greater than 28% of the sum of the monthly mortgage and monthly tax payments.
  2. Your gross (pre-taxes) monthly salary must be greater than 35% of the sum of the monthly mortgage, monthly tax and other monthly debt payments.