Four Star Resources

How to Buy a Home with a Low Down Payment
This brochure describes how families can get into their own homes with little cash up front (i.e. putting less than three percent down). In addition to this valuable information the Resource presents the topic, "So how much of a mortgage can you afford?" From the Resource:
"There are two basic formulas commonly used by lenders to determine how much of a mortgage you can reasonably afford. These formulas are called
qualifying ratios because they estimate the amount of money you should spend on mortgage payments in relation to your income and other expenses." and "For example, if your annual income is $30,000, your gross monthly income is $2,500, and $2,500 x 28 percent = $700. So you would probably qualify for a conventional home loan that requires monthly payments of $700."
Source: HUD

What Makes Low Down Payment Loans Possible
"This brochure describes how families can get into their own homes with little cash up front."
Source: HUD

How to Buy a Home with a Low Down Payment
"This brochure describes how families can get into their own homes with little cash up front."
Source: HUD

What Makes Low Down Payment Loans Possible?
"This brochure describes how families can get into their own homes with little cash up front."
Source: HUD

Three Star Resources

How Much Can I Afford to Spend?
This simple, easy-to-use tool provides you guidance to understand your buying power. By entering the criteria below, this calculator will immediately answer your question "how much home can I afford?" You will be presented with a summary of results, a chart depicting the value of the home you can afford at different monthly payments, and a monthly payment schedule. Your inputs will be:
- Down Payment
- Term
- Years
- Interest Rate
- Yearly Property Tax
- Yearly Property Insurance
Source: Freddie Mac

How Much Can I Afford to Spend?
Guidance to understand your buying power
Source: Freddie Mac

How Much Can You Afford Calculator
"The chart is designed to provide a general idea of how much you can afford."
Source: Ourbroker.com

How Much Can You Borrow Calculator
This calculator gives you an idea of how much income is required to support a given level of borrowing and buying.
Source: Ourbroker.com

Know of other helpful home buying information sources? Please submit them.