Affordability

Trying to see what fits in your budget? Use our Housing Affordability Calculator to estimate what your next home will cost you. Do not use % $ or , signs…thanks

*** To learn more about the tax advantages of owning your own home and get a better understanding of just how much YOU WILL SAVE ON YOUR TAXES, feel free to contact John Prater of Affordable Tax Solutions at 614-428-8297 for a FREE Consultation.

Affordability Calculator

 

    Payment and affordability calculator.

Annual Interest Rate:      Type 6.9 for 6.9%
Term of Loan:   Type 360 for 30 years
Down Payment:   Type 1000 for $1000 or 0 for nothing down!

    Now, complete one of the following sections...

    A.  Calculate Monthly Payment:     B.  Calculate Loan Amount:
Home Cost: 
(25000 for $25,000)

 Desired Monthly Payment: 
(250 for $250)


Your loan amount and down payment would result in a monthly payment of:
Your monthly payment and down payment would result in a total loan amount of:


Total Interest Paid:

Payment Calculator:
To estimate a monthly payment enter the percentage rate (8.5) as example, enter the term of the loan (360), enter the down payment (5000), enter home price, then click calculate monthly payment.

Affordability Calculator:
To Estimate how much you can spend on a home enter the percentage rate (8.5), enter the term of the loan (360)=number of months, enter the down payment 5000), enter the monthly payment you can afford, then click calculate loan amount.
 

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