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AFFORDABILITY CALCULATOR

Enter your gross monthly income, monthly debt, the kind of loan you want, interest rate, points and select the appropriate down payment percent. Please remember this is only a conservative estimate and your Mortgage professional will be better equipped to find a program that is best suited for your situation.

	Gross Monthly Income (pre-tax income from all sources)		$
	Fixed Monthly Debt (loans, credit cards, alimony, child support, etc.)		$
	Loan Product			30 Year Fixed 15 Year Fixed
	Interest Rate			%
	Down Payment			5% 10% 15% 20% 25% 30% 35% 40% 45% 50%
	Points Paid by You
	Sales Price of Home		$
	Loan Amount		$
	Monthly Payment		$
	Closing Costs		$
	Total Cash Needed		$