You are currently viewing You may be able to buy a home or refinance your home and you didn’t know it!

You may be able to buy a home or refinance your home and you didn’t know it!

What can I afford to BUY?  (With only 5% down)

Purchase price Maximum Mortgage Monthly payment Annual Income needed
$180,000 $171,000 $839 $39,000
$220,000 $209,000 $1,026 $46,000
$260,000 $247,000 $1,212 $53,000
$300,000 $285,000 $1,399 $60,000
$340,000 $323,000 $1,585 $67,000
$380,000 $361,000 $1,772 $74,000
$420,000 $399,000 $1,959 $81,000
$460,000 $437,000 $2,145 $88,000

 

How much can I get refinanced?  (At 20% Equity)

House Value Maximum Mortgage Monthly payment Annual Income needed
$180,000 $144,000 $688 $33,000
$220,000 $176,000 $841 $46,000
$260,000 $208,000 $993 $45,000
$300,000 $240,000 $1,146 $50,000
$340,000 $272,000 $1,299 $56,000
$380,000 $304,000 $1,452 $62,000
$420,000 $326,000 $1,605 $68,000
$460,000 $368,000 $1,758 $73,000