Sb1 Federal Credit Union - Home Affordability : Calculator: 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.)	^$
2a. What are your monthly long-term obligations? Monthly auto loan payments:	^$
2b.Monthly credit card payments:	^$
2c. Monthly association fees/dues:	^$
2d. Monthly spousal/child-support payments:	^$
2e. Other monthly obligations:	^$
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?	^$

Investment products and advisory services offered through CUSO Financial Services L.P. (CFS), a registered Broker-dealer and SEC Registered Investment Advisor. Investment products are not NCUA/NCUSIF or federally insured, are not obligations of the credit union, are not guaranteed by the credit union or any affiliated entity, and involve investment risk including the possible loss of principal. Investment Representatives are employees of Sb1 Federal Credit Union and registered through CFS (member FINRA/SIPC).