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?

$
 
   
   
www.chicagoagency.com
19 South LaSalle Street, Suite 1300 • Chicago, IL • 60603
Phone: 312-236-2500 • Fax: 312-236-2225
• chicago_agy@nlvmail.com

Securities and investment advisory services are offered solely through registered representatives and investment adviser representatives of Equity Services, Inc., Member FINRA/SIPC, 19 South LaSalle Street, Suite 1300, Chicago, Illinois  60603  (312) 236-2500

NL Financial Alliance is a distribution channel of National LIfe Insurance Company and NL Financial Alliance - Chicago is an office of National Life Insurance Company,.  Equity Services, Inc. is a Broker/Dealer and Registered Investment Adviser Affiliate of National Life Insurance Company, Montpelier, Vermont.  All other entities and individuals referenced are independent of Equity Services, Inc. unless otherwise noted. 


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