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True Affordability Tool — How much can I afford?

home affordability calculator

Buying a home is probably one of the most expensive purchases that most will make in their lifetime, and unfortunately also one of the most confusing.

Typically our first instinct is to jump online and begin searching to find the perfect home, but this is where problems can arise. If you don't know everything that is involved, including what you can afford, you could encounter major disappointment and waste valuable time.

The internet can be a dangerous place to seek advice if you aren’t careful.

Find out what you can truly afford

Mortgage lenders are typically relied on to help determine how much you can afford to spend on a home. Lenders do their best, but often their calculations don’t take into account all your TRUE expenses including things like hobbies, childcare, travel, medical expenses and more.

Nestiny's exclusive True Affordability Tool was created to help you with the daunting task of identifying just how much you can truly afford, and gives you the ability to plan your budget down to the penny.

How much home can I afford?

The True Affordability Tool is completely interactive and dependent on your entries for your personal situation. You can even plan for future events like marriage, joint incomes, military loved ones returning home (what a great digital date!) or upcoming raises and retirement.

understanding monthly home expenses

Once you finish entering your actual expenses, the True Affordability Tool will give you some suggested price ranges for you to consider. You will be shown three different price ranges including conservative, balanced and aggressive. With this information you can make more informed decisions about what price range makes most sense for you

what can I afford

You can even use the True Affordability Tool to experiment with your financial information to see how a different salary or a change in your monthly budget would reflect in your price ranges.

how much home can I afford

The True Affordability Tool is completely free to use, so what are you waiting for? Get started today and find out what you can truly afford!

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