850 Boost Club Report Home Buyer (Tool)

Financial Readiness Calculator

Budget Calculator

Monthly Income ($) Please enter a valid amount

Monthly Expenses ($) Please enter a valid amount

Target Savings Rate (%) 20%

Target Home Price ($) Please enter a valid amount

Down Payment Percentage 20%

Current Savings ($) Please enter a valid amount

Monthly Savings ($) Please enter a valid amount

Home Price ($) Please enter a valid amount

Down Payment ($) Please enter a valid amount

Interest Rate (%) Please enter a valid rate (0-20)

Loan Term (Years) Please enter a valid term (1-40 years)

Total Monthly Debt Payments ($) Please enter a valid amount

Monthly Gross Income ($) Please enter a valid amount

Monthly Necessities ($) Please enter a valid amount

Current Emergency Fund ($) Please enter a valid amount

Purchase Price ($) Please enter a valid amount

What is DTI?

Debt-to-Income ratio (DTI) is the percentage of your monthly income that goes toward paying debts. Lenders typically prefer a DTI of 43% or less.