 |
|
How Much Can You Afford? |
Use this chart to determine what price home your yearly income could enable you to afford.
|
| If your yearly total family income is*... |
You could purchase a home worth**... |
| $25,000 |
$69,600 |
| $30,000 |
$84,100 |
| $35,000 |
$97,900 |
| $40,000 |
$113,000 |
| $45,000 |
$127,400 |
| $50,000 |
$142,000 |
| $55,000 |
$156,300 |
| $60,000 |
$169,500 |
| $65,000 |
$183,900 |
| $70,000 |
$198,300 |
Renting? |
Use this chart to determine what price
home your monthly rent payment could enable you to afford.
|
| If your monthly rent payment is***... |
You could purchase a home worth**... |
| $550 |
$86,700 |
| $600 |
$94,600 |
| $650 |
$102,500 |
| $700 |
$110,400 |
| $750 |
$118,300 |
| $800 |
$126,200 |
| $850 |
$134,100 |
| $900 |
$142,000 |
| $950 |
$149,000 |
| $1,000 |
$157,800 |
* Gross yearly income before taxes and any deductions.
** May vary based on yearly taxes & insurances. Based on a 30 year fixed rate of 7.00% APR,
5% down payment. Rate & terms subject to change without notice.
*** Excluding utilities. |
|
|
|
|
