Home Affordability

	4.50%	5%	5.50%	6%	6.50%	7%
Assumptions: 30 year loan; 20% down payment; 1.25% taxes; hazard insurance at $3.50 per $1,000; monthly expenses/monthly housing expenses at 38%/33% of monthly income.
2,000	123,000	109,000	106,000	104,000	102,000	100,000
3,000	184,000	179,000	172,000	165,000	158,000	151,000
4,000	245,000	236,000	227,000	218,000	210,000	201,000
5,000	306,000	295,000	283,000	273,000	263,000	251,000
6,000	368,000	353,000	340,000	327,000	314,000	301,000
7,000	429,000	408,000	393,000	380,000	367,000	352,000
8,000	490,000	469,000	452,000	435,000	420,000	403,000
9,000	551,000	538,000	509,000	490,000	471,000	453,000
10,000	613,000	587,000	565,000	545,000	525,000	503,000
11,000	674,000	650,000	625,000	600,000	575,000	550,000
12,000	735,000	707,000	680,000	655,000	630,000	602,000
13,000	796,000	766,000	737,000	708,000	679,000	655,000
14,000	858,000	828,000	795,000	765,000	732,000	705,000
15,000	919,000	889,000	855,000	820,000	787,000	753,000
16,000	980,000	945,000	910,000	875,000	840,000	805,000
17,000	1,042,000	1,010,000	969,000	930,000	892,000	855,000
18,000	1,103,000	1,060,000	1,020,000	980,000	945,000	905,000
19,000	1,164,000	1,125,000	1,080,000	1,040,000	1,000,000	960,000
20,000	1,225,000	1,200,000	1,150,000	1,100,000	1,050,000	1,010,000
21,000	1,287,000	1,250,000	1,200,000	1,150,000	1,100,000	1,060,000
22,000	1,348,000	1,305,000	1,255,000	1,205,000	1,160,000	1,110,000
23,000	1,409,000	1,360,000	1,310,000	1,260,000	1,215,000	1,165,000