Windsong Real Estate Home buying power calculator

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	Use this handy dandy calculator to figure out how much house you can afford. Replace the test values with your own. Enter "0" for those entries that do not apply to you. Do not leave them blank if you change them. Please do not use dollar signs or commas when making your entries. TIP....Click the underlined headings to bring them to the top of the page. Your results will appear at the bottom of this page.

	Net Income
	Your take home pay	X	Paydays per year	=
	Spouses take home pay	X	Paydays per year	=
	Other Net Income	X	Paydays per year	=
					Total income

	Expenses (Auto)
Pay-off	Auto Payment #1	X	paid per year	=
Pay-off	Auto Payment #2	X	paid per year	=
	Auto insurance	X	paid per year	=
	Daily Milage	X	Days per year	=
				-	Auto Expense

	Credit Cards and Loans
Balance	Credit Payment #1	X	Days per year	=
Balance	Credit Payment #2	X	Paid per year	=
Balance	Loan Payment #1	X	paid per year	=
Balance	Loan Payment #2	X	Paid per year	=
	Total Pay-off			-	Loans

	Other expenses
	Food	X	weeks per year	=
	other	X	weeks per year	=
				-	Other

	Mortgage and Down Payment Info
*I would like to get a year mortgage and believe I can get* *it at % per year. I have about to put down.*
Get today's rates

*All Done? Then mash , then (Click Here)*

*Not paying off your short term notes with the new mortgage*
*Based on the information provided, your annual housing budget is:*
You can safely afford to make a house payment of: per month and still have to cover things not mentioned *above such as your utility bills, insurance and property taxes.*
*Your Borrowing power is:*
*Add your downpayment - $1,000 (closing and sourcing costs)*
subtract real estate commission (we have to eat too) to arrive at an approximate upper price limit suitable to your budget.

*Paying off your short term notes with the new mortgage*
*Losing those other payments gives you an annual housing budget of:*
You can safely afford to make a house payment of: per month and still have to cover things not mentioned *above such as your utility bills, insurance and property taxes.*
*Your Borrowing power is:*
*Add your downpayment - $1,000 (closing and sourcing costs)*
*Subtract the pay-offs on your autos, credit cards etc.*
subtract real estate commission (we have to eat too) to arrive at an approximate upper price limit suitable to your budget.

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Disclaimer, Copyright, legal mumbo jumbo..

This calculator is intended as a reference guide only. Each person's borrowing

power may be more favorably or adversly affected by variables beyond its scope.

Contact the proffessionals at Windsong to help you fine tune its results.

Windsong Realty, KENDOC and/or their affiliates make no warranties as to the

accuracy or useability of this calculator. By using or recomending the use of this software

you agree to do so at yur own risk and agree to endemnify and hold harmless the creator

and/or publisher(s) of the same in any claims or actions arising from or as a ressult of

its (the software's) use and/or abuse.