6. How much can you afford? Find out how much house you can afford and how much money you'll need. After the calculator figures out your results, you'll also have the option of submitting them to me for pre-approval. A. Enter your yearly income   What's your pre-tax yearly income? $.00   What's your co-borrower's pre-tax yearly income (if applicable)? $.00   B. Enter your current debts   How much do you pay each month for all installment debts (for example: car loans)? $.00   How much is your total credit card debt (NOT monthly payment!)? $.00   C. Choose a type of mortgage loan   Pick the type of loan and program: Conventional Conforming       30 year fixed 2-1 buydown 1 year ARM 3/1 ARM 7/1 ARM Conventional Jumbo       30 year fixed 1 year ARM 3/1 ARM 7/1 ARM FHA       30 year fixed 2-1 buydown 1 year ARM VA       30 year fixed Click "Submit" to find out how much house you can afford, or continue and fill in one or more of the OPTIONAL items below.   D. Optional: Enter the maximum amount of cash you have available   How much cash do you have available to secure this loan (for down payment and closing costs)? $.00   E. Optional: Enter the maximum monthly payment you can afford   What is the highest monthly payment you can comfortably afford (including mortgage payment, interest, taxes and insurance)? $.00   F. Optional: Enter the county where you would like to buy (to determine taxes)   In what county are you looking to buy your home? Note: This list includes only counties in the Washington DC Metropolitan Area. For other areas, leave this set to "No specific county." Your taxes will not be exact in the final statement, but will instead be a reasonable estimate. No specific county Anne Arundel County, Maryland Baltimore City, Maryland Baltimore County, Maryland Calvert County, Maryland Carroll County, Maryland Cecil County, Maryland Charles County, Maryland Howard County, Maryland Montgomery County, Maryland Prince George's County, Maryland Alexandria City, Virginia Arlington County, Virginia Fairfax County, Virginia Falls Church City, Virginia Washington, DC Click "Submit" to find out how much house you can afford.   Disclaimer: While I have gone to great lengths to make this calculator complete, it is impossible for a program of this nature to account for all of the variables involved in the mortgage loan process. For the most accurate information based on your specific case, please contact me (see below).

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