WichitaHomeCenter.com & HEIonline.com Wichita's Center for Homes and Real Estate
Eric Henderson

How Much Can You Afford?



Let us help you find out what you can afford!

Our mortgage calculator will help you determine loan amounts, mortgage qualification, or whether you should be renting or buying.

Complete the fields below (e.g., Cost of Home, Down Payment, Monthly Income) and click Calculate Now. To view the different results of your calculation, click on the various tabs. To e-mail yourself a copy of your results, click the Receive this Detailed Analysis link.

 
* indicates a required field.
 
Step 1 - Property Information
* Cost of Home:  $
Condo Fees:  $
* Annual Insurance:  $
* Annual Property Tax:  $
0.43%of Cost   1.2%of Cost


Step 2 - Mortgage Information
* Down Payment:  $
* Term In Years: 
* Interest Rate:     %  


Step 3 - Other Information
* Monthly Income Before Taxes:  $
  Gross Debt Service Ratio (GDS): 
* Monthly Debt:  $
  Total Debt Service Ratio (TDS): 


Step 4 - Calculate Detailed Analysis
           Receive this Detailed Analysis

Mortgage   Qualification   Affordability   Rent vs Buy    

Your Monthly Payments
 
Loan Amount:    
Principal & Interest:    
Homeowners Insurance:    
Property Taxes:    
Condo Fees:    
Total PITI Payment:  
Monthly Loan Insurance (%):    
Total Monthly Payment:    
 


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Website Updated: February 22, 2004   ©2004 HEI Real Estate and Investments