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?

$
 
   
   
Peake Financial
8630 Fenton Street, Suite 406 • Silver Spring , MD • 20910
Phone: (301) 650-9188
Toll Free: (866) 650-9188 		• Fax: (301) 650-4182
• contact@peakefinancial.com

 

 

Securities and advisory services offered through Ameritas Investment Corp. (AIC).  Member FINRA/SIPC. www.FINRA.org / www.SIPC.org.  AIC and Peake Financial Group, LLC are not affiliated.

This is not an offer of securities in any jurisdiction, nor is it specifically directed to a resident of any jurisdiction.  As with any security, request a prospectus from your registered representative. Read it carefully before you invest or send money.  Securities products are limited to residents of AL, CA, DC, FL, GA, MD, MI, NJ, NY, PA, TX and VA.

A representative from Peake Financial Group, LLC will contact you to provide requested information.  

Representatives of AIC do not provide tax or legal advice.  Please consult your tax advisor or attorney regarding your situation.