Shari Wilkins Coldwell Banker
1737 Grant Avenue
Novato, CA 94945
415.878.0380 Office
415.878.0365 Fax Email
How Much Can You Afford?
Are you interested in finding out how much home you can afford? Lenders often use a 28% housing ratio. This means that your projected housing costs (including mortgage payment, taxes, and insurance) should be no more than 28% of your gross monthly income. A lender using this ratio figures a family earning $2,500 a month can afford a monthly housing cost of $700. Use this calculator to estimate what mortgage you qualify for.
