Las Vegas & Henderson
SPECIALIZING IN LUXURY HOMES
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 Home Much Can You Afford?

ABOUT THIS CALCULATOR:
To arrive at an "affordable" home price, we followed the guidelines of most lenders. We've allowed a total debt-to-income ratio of no more than 36%. And we have assumed a housing payment-to-income ratio of 28% for our conservative estimate, and 33% for the aggressive one. Before buying, however, you should also factor in other savings needs, including retirement and college.

ASSUMPTIONS: We've assumed a 30-year mortgage term, annual property tax of $3,500 and homeowners insurance of $481 - the national average. And we do not factor in private mortgage insurance, which you'll owe if your downpayment is less than 20 percent of the purchase price. It averages from $50 to $80 per month. Plug in your own numbers for more tailor-made results.

  Gross Annual Income $   
  Down Payment Amt $   
  Monthly Debt $   
  Mortgage Rate (%)   
  Annual Property Taxes $   
  Annual Homeowners Insurance $   


CONSERVATIVE
AGGRESSIVE
  House Price   
  House Price   
  Loan Amount   
  Loan Amount   
  Monthly Mortgage Payment $   
  Monthly Mortgage Payment $   
  Taxes/Homeowners Insurance   
  Taxes/Homeowners Insurance   
  Total monthly payment   
  Total monthly payment   



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DIRECT: 702.813.5982


© 2018 Las Vegas Homes. Equal housing opportunity. An equal opportunity company. MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.   Listings updated 4/20/2018 minutes ago