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?

$
 
   
   
State Department Federal Credit Union

Branch Locations Department of State Washington, DC Federal Center SW Washington, DC Fort McNair Washington, DC King Street Branch Alexandria, VA Clarendon Branch Arlington, VA

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Securities offered through Securities America, Inc., a Registered Broker/Dealer, Member FINRA/SIPC, Joseph Prentice, Walter Billodeaux, Mike Calandruccio, Registered Representatives. Advisory services offered through Securities America Advisors, Inc., Walter Billodeaux, Mike Calandruccio, Investment Advisor Representatives. State Department Federal Credit Union and Securities America are unaffiliated.

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