My Lancaster PA Home
Dean Rock
 
Professional Real Estate Services

Financial Aspects of Home Buying


 
I added this calculator page to the site because figuring out how much you can afford is a critical first step in the home buying process. This calculator will give you a rough idea about loan amounts, mortgage qualification, affordability or whether you should be renting or buying.

Calculators are good at estimating -- not giving a nuanced and complete picture. If you have any questions about how to use the calculator or you want to get a more detailed explanation of the financial aspects of home buying (or selling), send me an email or give a call directly on my cell -- (717) 341-0070. As always, I will be courteous and professional, and any information you share with me will be strictly between us and kept secure and confidential.

Complete the fields below and click Calculate Now. To view the results of each calculation, click on the various tabs. To email yourself a copy of the results, click the Receive this Detailed Analysis link.

 
Required
Term In Years:     
Interest Rate:      %
Cost of Home:  $
Down Payment:  $
Annual Insurance:  $
0.43%of Cost
Annual Property Tax:  $
1.2%of Cost
Monthly Income:  $
Monthly Debt:  $
Optional
Gross Debt Service Ratio (GDS):     
Total Debt Service Ratio (TDS):     
Condos Fees:  $

Results
  Receive this Detailed Analysis


Mortgage   Qualification   Affordability   Rent vs Buy    

Your Monthly Payments
 
Loan Amount:    
Loan Insurance ( %):
Total Loan(Mortgage) Amount:
 
Principal & Interest:    
Homeowners Insurance:    
Property Taxes:    
Condo Fees:    
Monthly Loan Insurance (%):    
Total Monthly Payment:    
 


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