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Jefferson City
Office:
(865) 475-2054
 
Toll Free:
(800) 552-4969
 
Fax:
(865) 475-2928
 
Email:
info@c21homes4u.com
 

Morristown
Office:
(423) 586-6653
 
Toll Free:
(800) 621-2144
 
Fax:
(423) 587-3616
 
Email:
info@c21mmr.com
 

 

"How much home can I afford?" is a question most home buyers ask.

While there are varying thoughts on this a common rule of thumb is that your monthly housing expenses should not total to more than 33% of your gross (i.e. before taxes) income. That includes your mortgage payment, property taxes, and home owners insurance. So take a third of your current income and use that as the maximum amount that you'll be able to afford.

"How much will my monthly payment be if I buy that house?" is the next frequently asked question by a prospective home buyer.

For the answer to that we'll need to use a calculator... or, more appropriately, the mortgage calculator that we have provided below. Enter the price of the house, the intended length of the mortgage, the current interest rate (estimated here for you), and (optionally) your property taxes and insurance costs. Once you've entered that information click on the button and we'll estimate your monthly payments for you.








CENTURY 21 Masengill-McCrary Realtors

118 E. Broadway Boulevard
Jefferson City, TN  37760
(865) 475-2054


© 2018 Century 21 Massengill-McCrary Realtors Company. All rights reserved.

CENTURY 21® and the CENTURY 21 Logo are registered service marks owned by Century 21 Real Estate LLC. Century 21 Masengill-McCrary Realtors Company fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Century 21 Real Estate LLC nor any of its affiliates companies.

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