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?

$
 
   
   
Jay Maffe www.maffefinancialgroup.com

Hartford, CT:
333 East River Drive, Suite 401		 • East Hartford, CT • 06108
Phone: (860) 290-8788
Fax: (860) 290-8822

Fairfield, CT:
187 Danbury Road, Suite 1E
Wilton, CT 06897
Phone: (203) 803-1866
Fax: (203) 803-1867

Manchester, CT:
160 Chapel Road, Suite 301
Manchester, CT 06040
Phone: (860) 647-7919
Fax: (860) 647-7818

Providence, RI:
875 Centerville Road, Building One
Warwick, RI 02886
Phone: (401) 828-2090
Fax: (401) 828-1548

Newton, MA:
Two Newton Executive Park, Suite 200
Newton, MA 02462
Phone: (617) 965-7777
Fax: (617) 965-7017

Boston, MA:
35 Braintree Hill Office Park, Suite 102
Braintree, MA 02184
Phone: (781) 848-0015
Fax: (781) 848-0024

Altoona, PA:
1798 Plank Road, Suite 301
Duncansville, PA 16635
Phone: (814) 696-1100
Fax: (814) 696-1178