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?

$
 
   
   
J. Poels Financial
7633 Ganser Way, Suite 200 • Madison, WI • 53719
Phone: (608) 827-5900 (888) 878-5757 Toll Free • Fax: (608) 827-5910
• jpoels@chorus.net

Securities offered through Cambridge Investment Research, Inc., a Registered Broker/Dealer, Member FINRA/SIPC.
 

Investment Advisory Services offered through Cambridge Investment Research Advisors, Inc., a Federally Registered Investment Adviser.

We are licensed for securities and investment advisory business in the states of Arkansas, Arizona, California, Colorado, Florida, Georgia, Iowa, Illinois, Indiana, Kansas, Maryland, Minnesota, Missouri, North Carolina, Nebraska, New Jersey, New York, Ohio, Oklahoma, Oregon, Pennslyvania, South Carolina, Texas, Virginia, and Wisconsin.

We are licensed for insurance in the state of Wisconsin.

Cambridge Investment Research, Inc. is not affiliated with J. Poels Financial.