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Featured Product
Easy Check Deposit is Citizens National Bank's newest checking solution for business.
  • Make deposits electronically right from your office PC, 24/7.
  • Improve your cash flow.
  • Get added bonus of Easy Business Checking
Interested in saving time and money? Do you want more information?

E-mail our Electronic Banking Specialist, Shanon Sabourin.


 

Balance My Checkbook | Compound Savings | Tuition
How Much House Can I Afford? | Mortgage | How Much To Retire

How Much House Calculator

This calculator will help you determine the approximate maximum size mortgage that you can afford, based on two general guidelines:

  1. House Payments of principal, interest, taxes and homeowner's insurance (PITI) should not exceed 28% of your gross monthly pay.
  2. This monthly housing payment (PITI) plus your current monthly debt payments should not exceed 36% of your gross monthly pay.

Use your mouse or tab key to move from box to box to enter your numbers and then hit "calculate".
Annual Income:
Gross Monthly Debt:
(loans, bills, etc.)
Down Payment:
Property Tax Rate*:
Home Insurance Rate*:
Interest Rate:
Term:
* 1% = $1,000 / year for a $100,000 house

Disclaimer: These results are approximate and are intended for your information only; they are not an endorsement or offering. The accuracy of the results is not guaranteed by this bank and is only meant to be an approximate guideline.

  
     
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