tapoffer.net
Home Affordability Calculator
Just fill in some basic numbers below and we will automatically calculate how much home you should be able to afford according to 2 popular methods: the Housing Ratio and Debt Ratio.
Loan terms and income information
Monthly         
Annual Interest Rate %
Loan Term Years
Wages
Investment/Dividends
Alimony
Other
8,334Total Income
Housing Ratio
0%Cash Deposit Down Payment
466,303100%Financed
466,303100%Home Affordability Purchase Price
2,062Mortgage Payment
155
%Real Property Tax
117
%Homeowner Insurance
2,334
%Housing expense / Housing ratio
Debt Ratio
00%Cash Deposit Down Payment
599,533100%Financed
599,533100%Home Affordability Purchase Price
2,651Mortgage Payment
2000.4%Real Property Tax
1500.3%Insurance
Car expense
Alimony paid
Credit Card
AOAO Maintenance Expense
PMI : add $375. Deposit < 20%
Other Expense
0Total Expenses
3,000
%Debt expense / Debt-to-income ratio
This report is saying that if your credit score is 740 or higher, you lock in a 3.375% annual interest rate on a 30 year mortgage, you have a monthly income of $8,334, monthly expenses in the amount of $0 and you can make a down payment in the amount of $ 0 that you should be able to afford a home for at least $599,533.

Banks normally use the Housing ratio or the Debt ratio to determine maximum loan amounts. The Housing ratio calculation indicates you could afford as much as $466,303. The Debt-to-income ratio calculation indicates you could afford as much as a $599,533 home.


Get Pre Qualified

The next step would be to submit a completed Fannie Mae 1003 form. You can download an Adobe PDF here or fill one in online here (registration required). Include your last 2 years tax returns, last 2 pay stubs, copies of your most recent cash, credit and investment statements. Then the banks should be able to give you a loan pre-approval letter.

You'll get better results on any offer you submit when you include a loan pre approval letter and proof of cash deposit.


Open your new home

If you make your purchase through Hawaii Home + Commercial LLC, you'll receive full service plus access to our virtual realtor's office and 1 to 1.5% off the purchase price credited back to you on line 200 of the HUD-1 buyer's closing statement. That would be a huge discount you can use to pay closing costs, loan fees or more.

Loan Amortization based on Housing Ratio
PeriodBeg balPaymentInterestPrincipalEnd Bal
1466,3032,0621,311750465,553
2465,5532,0621,309752464,801
3464,8012,0621,307754464,047
4464,0472,0621,305756463,291
5463,2912,0621,303759462,532
6462,5322,0621,301761461,771
7461,7712,0621,299763461,009
8461,0092,0621,297765460,244
9460,2442,0621,294767459,477
10459,4772,0621,292769458,707
11458,7072,0621,290771457,936
12457,9362,0621,288774457,162
13457,1622,0621,286776456,387
14456,3872,0621,284778455,609
15455,6092,0621,281780454,829
16454,8292,0621,279782454,046
17454,0462,0621,277785453,262
18453,2622,0621,275787452,475
19452,4752,0621,273789451,686
20451,6862,0621,270791450,895
21450,8952,0621,268793450,102
22450,1022,0621,266796449,306
23449,3062,0621,264798448,508
24448,5082,0621,261800447,708
25447,7082,0621,259802446,906
26446,9062,0621,257805446,101
27446,1012,0621,255807445,294
28445,2942,0621,252809444,485
29444,4852,0621,250811443,674
30443,6742,0621,248814442,860
31442,8602,0621,246816442,044
32442,0442,0621,243818441,226
33441,2262,0621,241821440,406
34440,4062,0621,239823439,583
35439,5832,0621,236825438,757
36438,7572,0621,234828437,930
37437,9302,0621,232830437,100
38437,1002,0621,229832436,268
39436,2682,0621,227835435,433
40435,4332,0621,225837434,597
41434,5972,0621,222839433,757
42433,7572,0621,220842432,916
43432,9162,0621,218844432,072
44432,0722,0621,215846431,226
45431,2262,0621,213849430,377
46430,3772,0621,210851429,526
47429,5262,0621,208853428,672
48428,6722,0621,206856427,816
49427,8162,0621,203858426,958
50426,9582,0621,201861426,098
51426,0982,0621,198863425,234
52425,2342,0621,196866424,369
53424,3692,0621,194868423,501
54423,5012,0621,191870422,630
55422,6302,0621,189873421,758
56421,7582,0621,186875420,882
57420,8822,0621,184878420,005
58420,0052,0621,181880419,124
59419,1242,0621,179883418,242
60418,2422,0621,176885417,356
61417,3562,0621,174888416,469
62416,4692,0621,171890415,578
63415,5782,0621,169893414,686
64414,6862,0621,166895413,791
65413,7912,0621,164898412,893
66412,8932,0621,161900411,993
67411,9932,0621,159903411,090
68411,0902,0621,156905410,184
69410,1842,0621,154908409,277
70409,2772,0621,151910408,366
71408,3662,0621,149913407,453
72407,4532,0621,146916406,538
73406,5382,0621,143918405,620
74405,6202,0621,141921404,699
75404,6992,0621,138923403,776
76403,7762,0621,136926402,850
77402,8502,0621,133928401,921
78401,9212,0621,130931400,990
79400,9902,0621,128934400,056
80400,0562,0621,125936399,120
81399,1202,0621,123939398,181
82398,1812,0621,120942397,239
83397,2392,0621,117944396,295
84396,2952,0621,115947395,348
85395,3482,0621,112950394,399
86394,3992,0621,109952393,446
87393,4462,0621,107955392,491
88392,4912,0621,104958391,534
89391,5342,0621,101960390,573
90390,5732,0621,098963389,610
91389,6102,0621,096966388,645
92388,6452,0621,093968387,676
93387,6762,0621,090971386,705
94386,7052,0621,088974385,731
95385,7312,0621,085977384,755
96384,7552,0621,082979383,775
97383,7752,0621,079982382,793
98382,7932,0621,077985381,808
99381,8082,0621,074988380,820
100380,8202,0621,071990379,830
101379,8302,0621,068993378,837
102378,8372,0621,065996377,841
103377,8412,0621,063999376,842
104376,8422,0621,0601,002375,840
105375,8402,0621,0571,004374,836
106374,8362,0621,0541,007373,828
107373,8282,0621,0511,010372,818
108372,8182,0621,0491,013371,805
109371,8052,0621,0461,016370,790
110370,7902,0621,0431,019369,771
111369,7712,0621,0401,022368,749
112368,7492,0621,0371,024367,725
113367,7252,0621,0341,027366,698
114366,6982,0621,0311,030365,668
115365,6682,0621,0281,033364,634
116364,6342,0621,0261,036363,598
117363,5982,0621,0231,039362,560
118362,5602,0621,0201,042361,518
119361,5182,0621,0171,045360,473
120360,4732,0621,0141,048359,425
121359,4252,0621,0111,051358,375
122358,3752,0621,0081,054357,321
123357,3212,0621,0051,057356,265
124356,2652,0621,0021,060355,205
125355,2052,0629991,062354,143
126354,1432,0629961,065353,077
127353,0772,0629931,068352,009
128352,0092,0629901,071350,937
129350,9372,0629871,074349,863
130349,8632,0629841,078348,785
131348,7852,0629811,081347,705
132347,7052,0629781,084346,621
133346,6212,0629751,087345,534
134345,5342,0629721,090344,445
135344,4452,0629691,093343,352
136343,3522,0629661,096342,256
137342,2562,0629631,099341,157
138341,1572,0629601,102340,055
139340,0552,0629561,105338,950
140338,9502,0629531,108337,842
141337,8422,0629501,111336,731
142336,7312,0629471,114335,616
143335,6162,0629441,118334,498
144334,4982,0629411,121333,378
145333,3782,0629381,124332,254
146332,2542,0629341,127331,127
147331,1272,0629311,130329,997
148329,9972,0629281,133328,863
149328,8632,0629251,137327,727
150327,7272,0629221,140326,587
151326,5872,0629191,143325,444
152325,4442,0629151,146324,298
153324,2982,0629121,149323,148
154323,1482,0629091,153321,996
155321,9962,0629061,156320,840
156320,8402,0629021,159319,681
157319,6812,0628991,162318,518
158318,5182,0628961,166317,352
159317,3522,0628931,169316,183
160316,1832,0628891,172315,011
161315,0112,0628861,176313,836
162313,8362,0628831,179312,657
163312,6572,0628791,182311,475
164311,4752,0628761,185310,289
165310,2892,0628731,189309,100
166309,1002,0628691,192307,908
167307,9082,0628661,196306,713
168306,7132,0628631,199305,514
169305,5142,0628591,202304,312
170304,3122,0628561,206303,106
171303,1062,0628521,209301,897
172301,8972,0628491,212300,684
173300,6842,0628461,216299,469
174299,4692,0628421,219298,249
175298,2492,0628391,223297,027
176297,0272,0628351,226295,801
177295,8012,0628321,230294,571
178294,5712,0628281,233293,338
179293,3382,0628251,236292,101
180292,1012,0628221,240290,862
181290,8622,0628181,243289,618
182289,6182,0628151,247288,371
183288,3712,0628111,250287,121
184287,1212,0628081,254285,867
185285,8672,0628041,258284,609
186284,6092,0628001,261283,348
187283,3482,0627971,265282,083
188282,0832,0627931,268280,815
189280,8152,0627901,272279,544
190279,5442,0627861,275278,268
191278,2682,0627831,279276,989
192276,9892,0627791,282275,707
193275,7072,0627751,286274,421
194274,4212,0627721,290273,131
195273,1312,0627681,293271,838
196271,8382,0627651,297270,541
197270,5412,0627611,301269,240
198269,2402,0627571,304267,936
199267,9362,0627541,308266,628
200266,6282,0627501,312265,316
201265,3162,0627461,315264,001
202264,0012,0627431,319262,682
203262,6822,0627391,323261,359
204261,3592,0627351,326260,033
205260,0332,0627311,330258,703
206258,7032,0627281,334257,369
207257,3692,0627241,338256,031
208256,0312,0627201,341254,690
209254,6902,0627161,345253,345
210253,3452,0627131,349251,996
211251,9962,0627091,353250,643
212250,6432,0627051,357249,286
213249,2862,0627011,360247,926
214247,9262,0626971,364246,562
215246,5622,0626931,368245,194
216245,1942,0626901,372243,822
217243,8222,0626861,376242,446
218242,4462,0626821,380241,066
219241,0662,0626781,384239,683
220239,6832,0626741,387238,295
221238,2952,0626701,391236,904
222236,9042,0626661,395235,509
223235,5092,0626621,399234,110
224234,1102,0626581,403232,707
225232,7072,0626541,407231,300
226231,3002,0626511,411229,889
227229,8892,0626471,415228,474
228228,4742,0626431,419227,055
229227,0552,0626391,423225,632
230225,6322,0626351,427224,205
231224,2052,0626311,431222,774
232222,7742,0626271,435221,339
233221,3392,0626231,439219,900
234219,9002,0626181,443218,457
235218,4572,0626141,447217,010
236217,0102,0626101,451215,559
237215,5592,0626061,455214,104
238214,1042,0626021,459212,644
239212,6442,0625981,463211,181
240211,1812,0625941,468209,713
241209,7132,0625901,472208,242
242208,2422,0625861,476206,766
243206,7662,0625821,480205,286
244205,2862,0625771,484203,802
245203,8022,0625731,488202,313
246202,3132,0625691,493200,821
247200,8212,0625651,497199,324
248199,3242,0625611,501197,823
249197,8232,0625561,505196,318
250196,3182,0625521,509194,809
251194,8092,0625481,514193,295
252193,2952,0625441,518191,777
253191,7772,0625391,522190,255
254190,2552,0625351,526188,729
255188,7292,0625311,531187,198
256187,1982,0625261,535185,663
257185,6632,0625221,539184,124
258184,1242,0625181,544182,580
259182,5802,0625141,548181,032
260181,0322,0625091,552179,480
261179,4802,0625051,557177,923
262177,9232,0625001,561176,362
263176,3622,0624961,565174,796
264174,7962,0624921,570173,226
265173,2262,0624871,574171,652
266171,6522,0624831,579170,073
267170,0732,0624781,583168,490
268168,4902,0624741,588166,902
269166,9022,0624691,592165,310
270165,3102,0624651,597163,714
271163,7142,0624601,601162,113
272162,1132,0624561,606160,507
273160,5072,0624511,610158,897
274158,8972,0624471,615157,282
275157,2822,0624421,619155,663
276155,6632,0624381,624154,040
277154,0402,0624331,628152,411
278152,4112,0624291,633150,778
279150,7782,0624241,637149,141
280149,1412,0624191,642147,499
281147,4992,0624151,647145,852
282145,8522,0624101,651144,201
283144,2012,0624061,656142,545
284142,5452,0624011,661140,884
285140,8842,0623961,665139,219
286139,2192,0623921,670137,549
287137,5492,0623871,675135,875
288135,8752,0623821,679134,195
289134,1952,0623771,684132,511
290132,5112,0623731,689130,822
291130,8222,0623681,694129,129
292129,1292,0623631,698127,430
293127,4302,0623581,703125,727
294125,7272,0623541,708124,019
295124,0192,0623491,713122,307
296122,3072,0623441,718120,589
297120,5892,0623391,722118,867
298118,8672,0623341,727117,140
299117,1402,0623291,732115,408
300115,4082,0623251,737113,671
301113,6712,0623201,742111,929
302111,9292,0623151,747110,182
303110,1822,0623101,752108,430
304108,4302,0623051,757106,674
305106,6742,0623001,761104,912
306104,9122,0622951,766103,146
307103,1462,0622901,771101,375
308101,3752,0622851,77699,598
30999,5982,0622801,78197,817
31097,8172,0622751,78696,030
31196,0302,0622701,79194,239
31294,2392,0622651,79692,443
31392,4432,0622601,80290,641
31490,6412,0622551,80788,834
31588,8342,0622501,81287,023
31687,0232,0622451,81785,206
31785,2062,0622401,82283,384
31883,3842,0622351,82781,557
31981,5572,0622291,83279,725
32079,7252,0622241,83777,888
32177,8882,0622191,84276,045
32276,0452,0622141,84874,198
32374,1982,0622091,85372,345
32472,3452,0622031,85870,487
32570,4872,0621981,86368,623
32668,6232,0621931,86966,755
32766,7552,0621881,87464,881
32864,8812,0621821,87963,002
32963,0022,0621771,88461,118
33061,1182,0621721,89059,228
33159,2282,0621671,89557,333
33257,3332,0621611,90055,433
33355,4332,0621561,90653,527
33453,5272,0621511,91151,617
33551,6172,0621451,91649,700
33649,7002,0621401,92247,778
33747,7782,0621341,92745,851
33845,8512,0621291,93343,919
33943,9192,0621241,93841,981
34041,9812,0621181,94340,037
34140,0372,0621131,94938,088
34238,0882,0621071,95436,134
34336,1342,0621021,96034,174
34434,1742,062961,96532,209
34532,2092,062911,97130,238
34630,2382,062851,97628,261
34728,2612,062791,98226,279
34826,2792,062741,98824,292
34924,2922,062681,99322,299
35022,2992,062631,99920,300
35120,3002,062572,00418,295
35218,2952,062512,01016,285
35316,2852,062462,01614,270
35414,2702,062402,02112,248
35512,2482,062342,02710,221
35610,2212,062292,0338,188
3578,1882,062232,0386,150
3586,1502,062172,0444,106
3594,1062,062122,0502,056
3602,0562,06262,0560
Loan Amortization based on Debt ratio
PeriodBeg balPaymentInterestPrincipalEnd Bal
1599,5332,6511,686964598,569
2598,5692,6511,683967597,602
3597,6022,6511,681970596,632
4596,6322,6511,678972595,659
5595,6592,6511,675975594,684
6594,6842,6511,673978593,706
7593,7062,6511,670981592,725
8592,7252,6511,667983591,742
9591,7422,6511,664986590,756
10590,7562,6511,662989589,767
11589,7672,6511,659992588,775
12588,7752,6511,656995587,780
13587,7802,6511,653997586,783
14586,7832,6511,6501,000585,783
15585,7832,6511,6481,003584,780
16584,7802,6511,6451,006583,774
17583,7742,6511,6421,009582,765
18582,7652,6511,6391,011581,754
19581,7542,6511,6361,014580,739
20580,7392,6511,6331,017579,722
21579,7222,6511,6301,020578,702
22578,7022,6511,6281,023577,679
23577,6792,6511,6251,026576,654
24576,6542,6511,6221,029575,625
25575,6252,6511,6191,032574,593
26574,5932,6511,6161,034573,559
27573,5592,6511,6131,037572,521
28572,5212,6511,6101,040571,481
29571,4812,6511,6071,043570,438
30570,4382,6511,6041,046569,392
31569,3922,6511,6011,049568,343
32568,3432,6511,5981,052567,291
33567,2912,6511,5961,055566,236
34566,2362,6511,5931,058565,178
35565,1782,6511,5901,061564,117
36564,1172,6511,5871,064563,053
37563,0532,6511,5841,067561,986
38561,9862,6511,5811,070560,916
39560,9162,6511,5781,073559,843
40559,8432,6511,5751,076558,767
41558,7672,6511,5721,079557,688
42557,6882,6511,5681,082556,606
43556,6062,6511,5651,085555,521
44555,5212,6511,5621,088554,433
45554,4332,6511,5591,091553,342
46553,3422,6511,5561,094552,247
47552,2472,6511,5531,097551,150
48551,1502,6511,5501,100550,050
49550,0502,6511,5471,103548,946
50548,9462,6511,5441,107547,840
51547,8402,6511,5411,110546,730
52546,7302,6511,5381,113545,617
53545,6172,6511,5351,116544,501
54544,5012,6511,5311,119543,382
55543,3822,6511,5281,122542,260
56542,2602,6511,5251,125541,134
57541,1342,6511,5221,129540,006
58540,0062,6511,5191,132538,874
59538,8742,6511,5161,135537,739
60537,7392,6511,5121,138536,601
61536,6012,6511,5091,141535,460
62535,4602,6511,5061,145534,315
63534,3152,6511,5031,148533,167
64533,1672,6511,5001,151532,016
65532,0162,6511,4961,154530,862
66530,8622,6511,4931,157529,705
67529,7052,6511,4901,161528,544
68528,5442,6511,4871,164527,380
69527,3802,6511,4831,167526,213
70526,2132,6511,4801,171525,042
71525,0422,6511,4771,174523,868
72523,8682,6511,4731,177522,691
73522,6912,6511,4701,180521,511
74521,5112,6511,4671,184520,327
75520,3272,6511,4631,187519,140
76519,1402,6511,4601,190517,950
77517,9502,6511,4571,194516,756
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1888 Kalakaua Ave C312, Waikiki, Honolulu, HI 96815
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Robin Charles Glass (R), MBA, eng.
Principal Broker, Managing Member
DCCA PV License # RB-20173
Track Record: Top 2% Sales
Ph: (808) 358-1774
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