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?

$
 
   
   
MBK Financial Services, LTD
32 West Burlington Avenue
Suite 6
Westmont, IL 60559
Phone: (630) 737-1727
(800) 960-0625
Fax: (630) 737-1725
Kline_Michael@nlvmail.com

*Securities and investment advisory services are offered through registered representatives and investment adviser representatives of Equity Services, Inc., Member FINRA/SIPC, Broker/Dealer and Registered Investment Adviser, 19 South LaSalle Street, Suite 701, Chicago, Illinois  60603  (312) 236-2500  MBK Financial Services, Ltd. and all other entities and individuals referenced are independent of Equity Services, Inc. unless otherwise noted.

Michael Kline is a Registered Representative and Investment Advisor Representative of Equity Services, Inc. and offers securities in Illinois. He is also insurance-licensed in Illinois.


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