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HOW MUCH CAN I AFFORD?
Use the following chart to help you estimate what you can safely afford. To use, enter your interest rate and your annual income in the blue boxes, then hit CALCULATE. The results will be calculated for you.

CURRENT INTEREST RATE:  %
Rate at which you would obtain a loan/mortgage.

A. Gross Annual Income:
Before Taxes 		$
B. Gross Monthly Income: $
C. Monthly Allowable Housing:
Expenses and Long-Term Obligations 		$
D. Monthly Allowable Housing Expense: $
E. Monthly Principal and Interest: $
F. Estimated Mortgage Amount: $
G. Estimated Afforable Price Range:
Assuming a 20% downpayment 		$

This calculation is intended for demonstration purposes only, and is not a commitment for financing. The above results are estimated using generalized assumptions. Actual amounts and price ranges will vary depending on your unique situation. The specific terms of your loan, other monthly obligations, and the amount of other fees must be determined by a financial representative. Please call us at (724) 775-6933 should you require more specific and personalized information.

Commonwealth Real Estate Services, LLC
426 Adams St. • Rochester, PA 15074
 (724) 775-6933 • FAX (724) 775-6949
 		Visit CRESonline
www.CRESonline.com
PA License: RB-062529-C
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