Affordability calculator

Want to determine how much you can borrow from a lender? Use this calculator to calculate a maximum amount of loan which you can afford from the lender's point of view.

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Input Information
Loan Information}
Down Payment (%)
Interest Rate (%)
Length (Yrs)
Estimated Front Ratio (%)
Estimated Back Ratio (%)
Income Information Debt Payment Information
Income 1 ($) Auto Loans ($)
Income 2 ($) Student Loans ($)
Income 3 ($) Installment ($)
Income 4 ($) Revolving accts ($)
Income 5 ($) Other Debt ($)
Taxes And Insurance Information
Annual Taxes
Annual Insurance
Annual PMI
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Financial Analysis
Monthly Principal and Interest $1,540.80
Monthly Real Estate Taxes $250.00
Monthly Insurance $125.00
Monthly PMI $123.07
Total Monthly Payments $2,038.87
Monthly Income $8,000.00
Monthly Debt Payments $910.00
Actual Front Ratio 25 %
Actual Back Ratio 37 %
Amount $295,300.00
Down Payment $32,800.00
Home Value $328,100.00

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