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?

$
 
   
   
Hemann, Grover & Co PLLP
404 S. MAIN ST. • ZUMBROTA , MN • 55992
Phone: 507-732-7800 • Fax: 507-732-7803
• ghemann@zumbrotacpa.com lgrover@zumbrotacpa.com wkoehler@zumbrotacpa.com mmayo@zumbrotacpa.com secker@zumbrotacpa.com rgadient@zumbrotacpa.com

Securites offered through 1st Global Capital Corp. Member FINRA, SIPC.  Investment Advisory Services offered through 1st Global Advisors, Inc. 

We currently have individuals licensed to offer securities in the following states MN & IA. This is not an offer to sell securities in any other state or jurisdiction.