Home Afford 1.0


Category: Business
Price: $1.99 (iTunes)

Description:

This application will help you determine how much you can afford to pay for a house with two measurements.

Debt-to-Income Ratio: This is the number your lender uses to determine how much you can afford to pay for housing. If you have high outstanding debt, your lender will disqualify you automatically, regardless of credit rating. This app calculates what you can afford for various (Conventional, FHA, and VA) loan types.

Monthly Payments: Find out how much your monthly payments will be. This includes escrow and PMI.

Useful for both homebuyers and real estate agents. Credit rating and lender policies also affect your ability to obtain a loan, but this application is a good place to start.

Home Afford



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