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Finance Worksheet
Annual Income $
Down Payment %
Interest Rate %
Amortization years
Affordability Guide
Down Payment  
Monthly Mortgage Payment  
Monthly Expenses*  
Total Monthly Cost  
Loan Amount  
Affordable Purchase Price  

*Monthly Expenses includes assumed monthly taxes, insurance, maintenance & HOA fees.

This calculator is provided in the hope that it will be useful, but WITHOUT ANY WARRANTY,
without even the implied warranty of MERCHANTABILIY or FITNESS FOR A PARTICULAR PURPOSE.
The calculation does not include the cost of private mortgage insurance (PMI) that may be an expense to the Buyer who puts less then 20% down.