Gross household income
$120,000
$20,000 per year
$500,000 per year
Down payment
$40,000
$0
$200,000
Debt payment
$500
$0 per month
$5,000 per month
HOA Fees
$0
$0
$2,500
Annual Property Tax
$3,600
$0
$20,000
Interest Rate
3.5
0%
12%
Annual Home Insurance
$1,200
$0
$5,000
Loan Term
30 years
10 years
15 years
20 years
25 years
✓
30 years
Home budget
30
0
50
Affordable
Stretching
Aggressive
Your debt to income ratio
Mortgage Payment
Property Taxes
Homeowners Association Fee
Homeowners Insurance
PMI
