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The more you know, the better your move will go. Check out helpful articles by our pros.

Foreclosures: The Relocation.com Guide to Foreclosures



With the housing market on the ropes, some folks are looking for a great deal on a foreclosed property. But is a foreclosure a smart way to buy a home? Although you might get a good deal, there are landmines among the goldmines.

We’re here to help. We'll help you find potential foreclosed gems, but tell you what to beware of, and also give you other ways you can buy a so-called distressed property.

Mortgage Calculators


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Smart Calculators

How Much Home Can I Afford?

You can use this calculator as a guide to determine what the mortgage companies will allow you to borrow and how much will you save on taxes. There are a lot of factors, of course, which will ultimately determine how much your bank or mortgage company will loan you, but gross income and current debt payments are the most heavily weighted qualifiers.

How Much Home Can I afford?

Determine how much you can borrow.

Step 1 of 5

Property and Loan Information:

% Years %

How Much Home Can I afford?

Determine how much you can borrow.

Step 2 of 5

Property and Loan Information:

$ $ $

How Much Home Can I afford?

Determine how much you can borrow.

Step 3 of 5

Monthly Income:

$ $ $

How Much Home Can I afford?

Determine how much you can borrow.

Step 4 of 5

Monthly Debt:

$ $ $

How Much Home Can I afford?

Determine how much you can borrow.

Step 5 of 5

Monthly Debt:

$ $

Results

Qualifying Loan Amount: Down Payment: Property Value: Monthly Principal & Interest: Monthly Taxes and Insurance: Monthly Private Mortgage Insurance (PMI): Total Monthly Payment (PITI): Tax Deductible Portion of Payment: Current Income to Payment Ratio (max=28%): Current Debt to Income Ratio (max=36%):

NOTICE: This calculator assumes conventional financing for all calculations however the final amount may be different depending on your circumstances. To ensure accuracy it is recommended you obtain personal advice from qualified professionals.