The essential first step in purchasing a home is finding out how much you can afford. Without this knowledge you may just be wasting your time. There are many factors to determining what your payment will be such as credit, income and debt.
If you have not spoken with a lender prior to putting an offer on a home you are doing yourself a great disservice. However if you are not quite ready to speak to a lender yet, take advantage of the calculator provided below.

$

5%

1.25%

6.5%

$
$

$1421

Monthly Payment

Principal & Interest $1421

Monthly Taxes $1421

Monthly HOA $1421

Monthly Insurance $1421