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How Much House Can You Afford?

Gross Annual Income
(salary plus bonus, interest, rental and dividend income)
Monthly Debt Payments (car/student loan, credit cards, etc.)
Cash Available for Down Payment and Closing Costs
Property Tax Rate (1.5% = $1500/yr for 100K house)
Home Insurance Rate (0.5% = $500/yr for 100K house)
Interest Rate (%)
Length of Loan (in years)


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