Affordability Calculator
Using your current income and expenses, determine the maximum house value you can expect approval on.
 
Annual Income $
Monthly debt
(Car payments, credit cards, student loan payments, etc.) 		$
Down payment amount $
Property tax rate
(1% = $1000/year for a $100,000 home) 		%
Home insurance rate %
Interest rate %
Loan term years
 

This calculator is provided for convenience and illustrative purposes only.    The accuracy of the calculation is not guaranteed by First Bank.   It is not meant to provide any form of legal, tax or other financial advice, nor is it to be considered an indication of credit approval.   First Bank encourages you to discuss your individual financial circumstances with the appropriate professional advisor.