How Much Can You Afford?

Are you thinking about buying a home in the Greenwood area? The calculators below will help you determine loan amounts, mortgage qualification, affordability or whether you should be renting or buying.
Complete the following fields and click Calculate Now.
To view the results of each calculation, click on the various tabs.
To email yourself a copy of the results, click the Receive this Detailed Analysis link.
Do NOT rely on the results from these calculators to make financial decisions. Interest rates vary and the tax laws change regularly. Please contact me for assistance with your specific concerns.

Required

Required Must be a number between 1 and 50
Term In Years:
Required Must be a number between 1 and 100
Interest Rate:	%
Required
Cost of Home:	$
Required Cannot be more than Cost of Home
Down Payment:	$
Required
Annual Insurance:	$
Estimate Insurance to 0.43%of Cost
Required
Annual Property Tax:	$
Estimate Tax to 1.2%of Cost
Monthly Income:	$	Required
Monthly Debt:	$	Required

Optional

Gross Debt Service Ratio (GDS):
Total Debt Service Ratio (TDS):
Condos Fees:	$

Results

Receive this Detailed Analysis

Mortgage

Qualification

Affordability

Rent vs Buy

Your Monthly Payments

Loan Amount:
Loan Insurance ( %):
Total Loan(Mortgage) Amount:

Principal & Interest:
Homeowners Insurance:
Property Taxes:
Condo Fees:
Monthly Loan Insurance (%):
Total Monthly Payment:

Peter Dooks

How Much Can You Afford?

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