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?

$
 
   
   
Holmes & Associates
4278 Boulder Lake Circle • Vestavia Hills, AL • 35242
Phone: 205-968-8065 • Fax: 205-968-8067
• cholmes@cfiemail.com

Securities offered through Centaurus Financial, Inc., a registered broker-dealer, and member of FINRA & SIPC.  Holmes & Associates, Inc. is independent of Centaurus Financial, Inc.  Please be advised that presently Charles P. Holmes holds Series 6 Registration Licenses in Alabama, Georgia and Tennessee.  For residents of other states in which registration is not held, proper licenses and registrations must be obtained by Charles. P. Holmes before proceeding further.  No part of this communication should be construed as an offer to sell any security or provide investment advice or recommendation.  Securities offered through "Centaurus Financial, Inc. Member FINRA and SIPC" will fluctuate in value and are subject to investment risks including possible loss of principal.

Centaurus Branch Manager, Steve Isbell

3532 7th Ct. S., Birmingham, AL  35222 Telephone (205) 252-3221