Algarve Property World
Head Office, Portugal:

Avenida Dr. Francisco Sá Carneiro, Edif. Ocean Drive 9
8200-262 Albufeira, Algarve, Portugal
(Located on "The Strip")

Map and directions

United Kingdom Office:

140 Hamilton Road, Golders Green, London NW11 9EB, United Kingdom

+351 289 585 776 Office
+351 913 899 102 Mobile
+351 289 585 475 Fax

How Much Can You Afford?

Are you interested in finding out how much home you can afford? Lenders often use a 28% housing ratio. This means that your projected housing costs (including mortgage payment, taxes, and insurance) should be no more than 28% of your gross monthly income. A lender using this ratio figures a family earning $2,500 a month can afford a monthly housing cost of $700. Use this calculator to estimate what mortgage you qualify for.

Monthly Income

Salary/Wages:

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Other Income:

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Monthly Housing Expenses

Property Taxes

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Home Insurance:

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Other Monthly Expenses

Auto Payments:

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Credit Cards and Other Payments:

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Loan Term & Interest Rate

Loan Term:

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Interest Rate:

Results

You may qualify for a maximum monthly mortgage payment (P+I) of:

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You may qualify for a maximum loan amount of:

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