Courtesy of Gary Cherven, REALTOR®

How Big A Mortgage Can I Afford?

Not only does owning a home give you a haven for yourself and your family, it makes great financial sense, too.

This calculation assumes a 28-percent income tax bracket. If your bracket is higher, your savings will be too.

Rent: _________________________

Multiplier: X 1.32

Mortgage payment:__________________

Because of tax deductions, you can make a mortgage payment—including taxes and insurance—that is approximately one-third larger than your current rent payment and end up with the same amount of income.

To determine what your monthly mortgage payment would be on various loan amounts, visit

http://www.realtor.org/realtororg.NSF/pages/FMCalculators?OpenDocument&Login

Click here for printer-friendly format

Contact Me

Give me a call or send me an email and I will start the process that you would like me to do!
I can send links from our MLS System that shows you every listing within your search parameters.
Contact me now and get results.

Your Contact Info * Required fields are blue
First Name Last Name
E-mail
Phone
What Are You Looking For?
Property Type Price Range to
Desirable Towns or Communities
Bedrooms Bathrooms Square Footage
Time Frame
Your Address
Address City
State/Province ZIP/Postal Code
Your Message

Courtesy of Gary Cherven, REALTOR®

How Big A Mortgage Can I Afford?

Contact Me

Your Contact Info

What Are You Looking For?

Your Address

Contact Information