Home Affordability

Description
How much house can I afford ? That is questions that arise when people is planning to buy a new house. When people is looking for a house to buy, there two things regarding financial issues that they usually considered. The first one is the front payment which consist of down payment and closing cost, and the second one is the monthly mortgage payment. They consider these things because they have to see their personal financial situation either they have enough money to pay both payments.
Usually they consult with their financial advisors or they just go the bank or financial institution to find out whether they can afford to buy a house based on their financial situation. This house affordability calculator will help you to get a rough figure about your affordability on buying a house. But, you have to remember that this is just a tool not a real reference.
This spreadsheet consist of different worksheets to consider most of the aspect that can affect the decision like income, expenses, retirement plan, children college expenses, asset values, investment in stock and funds, money allocated to hobbies, mortgage parameters and taxes.

It also give visual snapshot of asset allocation, income, expenses and an high level summary of the monthly investments required