How Much Home Can I Afford?

     Knowing how much home you can afford is more crucial than ever.  This handy calculator will help you get the whole picture.  As you enter your figures it will help you see the true cost of your loan. Keep in mind the percentage of your monthly expenses that will be devoted to your housing expense should probably not exceed 30% of your income.  Calculate my monthly Payment

If you need an Insurance Agent to give you a quote please just let me know and I would be happy to refer one.  Also, keep in mind that property taxes in the Palm Springs area average 1.15% of purchase price so we use 1.25% as a general guide.  Typically your property taxes will be lower than this.

Lastly, be sure you understand the closing costs. Closing costs are the cost of the financing.  While they are deductible, in  most cases on your taxes, they  can eat into the amount of money you have to put down.