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A Quick Word from Terry, Mike and Dug:

During this time of uncertainty and sheltering-in-place, we will continue to have at least one person in-office daily until at least 1:00 PM PDT to meet the needs of you, our clients.  Alternate servicing procedures are also in place so direct face to face contact can be minimized.  If you must leave a voice message or contact us by email, know we will get back with you as quickly as possible.We are here to serve your needs despite this situation. From everyone at Laguna Financial Services 

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Home Affordability

Estimate of the maximum amount of financing you can expect to get when you begin house hunting.

Shopping for a home can be a very exciting time. But before you begin evaluating neighborhoods and housing options, you’ll need to know just how much you can afford to spend. This calculator is designed to give you an estimate of the amount of financing you can expect to get when you begin house hunting.


The results below show the down payment amount, the maximum home price, and the monthly payment amount, based on the information you provided. Note that if you can afford a larger down payment — or find a mortgage with a lower interest rate — you will ultimately be able to spend more on a home.

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Your Results
Description Amount
Down payment: $0
The maximum home price you may be able to afford, including your down payment: $0
Your monthly payment amount: $0

This chart shows how much of your annual income will go toward paying your debts if you were to buy the highest-priced home you can afford based on the information you provided. Would too much of your income go toward debt? If so, you may want to consider paying off some of your existing obligations before buying a home.

Income That Would Go Toward Debt

When determining the amount you can borrow, lenders will typically prefer that your mortgage plus taxes and insurance not exceed 28 percent of your gross monthly income. In addition, lenders recommend that your mortgage, property taxes, insurance and all other monthly obligations not exceed 36 percent of your gross monthly income.