Estimate Your Home Budget
MONTHLY ALL-IN PAYMENT
Estimate the price of the home you’d like to purchase. Exclude one-time costs like closing costs, broker fees, etc.
YOUR DOWN PAYMENT
Your down payment must be atleast 2% and can be as high as you’d like. If you are committing to 20% down or more, you probably don’t need our investment.
OUR INVESTMENT IN YOUR HOME
HomeLLC will invest the rest up to $500,000 so our joint down payment reaches 20%
15%
YOUR HOME BUDGET
$861,372
$1,141,474
INCREASED BY $280,102 (33%)
Effectiveness Ratio
Down Payment
66%
10%
Effectiveness Ratio
Down Payment
74%
20%
$770,865$889,460
INTEREST RATE
Get your interest rate from the bank or lender. Assumes fixed rate, not variable rate.
Assumes amortizing loan, instead of an interest-only loan.
%
INTEREST TERM
Term for fixed rate only, not adjustable rate.
$4,005 /MONTH
$3,373 /MONTH
%
$833 /MONTH
INSURANCE
Home insurance protects your home and possessions against damage or theft. It’s compulsorily required by mortgage companies.
/MONTH
HOA
HOA (Homeowner’s Association) fees are charged by associations in condos, townhomes, subdivisions, or planned communities.
/MONTH
%
$792 /MONTH
1,000
$167
$750
$0
| Total Down Payment %: | |
| Total Down Payment %: | 10% |
| Loan Amount: | $900000 |
| Monthly Loan Payment: | $3794 |
| Total Monthly Payment: | $5711 |
| Joint Down Payment %: | 20% |
| Loan Amount: | $800000 |
| Monthly Loan Payment: | $3373 |
| Total Monthly Payment: | $4540 |
| Savings %: | 21% |
| Savings Per Month: | $1171 |
| Savings Per Year: | $14052 |
| Max Savings Over 10 Years: | $140520 |
435 China Basin St San Francisco CA 94158
