One-Minute Home Buy-Ability Test

Dependants (including yourself)

One

2

Two

2

Three

2

Four

1

Five

1

Years at present address

Under 2 years

1

2 to 4 years

2

5 to 8 years

2

9 to 14 years

3

14 years or more

4

Years with present employer

Under 2 years

1

2 to 4 years

3

5 to 8 years

4

9 to 15 years

5

Over 15 years

6

Years with previous employer

Under 2 years

1

2 to 4 years

2

5 to 8 years

2

9 to 15 years

3

Over 15 years

3

Gross Monthly Income

Less than $ 2,000

1

$ 2,000 to $ 2,600

2

$ 2,601 to $ 3,000

4

$ 3,001 to $ 3,600

5

$ 3,601 to $ 4,200

7

$ 4,201 to $ 4,600

9

$ 4,601 to $ 5,200

11

$ 5,201 or more

12

Approximate Savings (passbook, money market, CD's, home equity - home value less mortgage balance)

Less than $ 10,000

1

$ 10,000 to $ 17,000

2

$ 17,001 to $ 26,000

4

$ 26,001 to $ 38,000

5

$ 38,001 to $ 46,000

7

$ 46,001 to $ 56,000

9

$ 56,001 to $ 65,000

11

$ 65,001 or more

12

Percent of Monthly Income remaining after Expenses (excluding monthly rent or mortgage payment)

Under 10%

1

10% to 25%

3

26% to 33%

5

34% to 50%

7

Over 50%

9

How Much Home Is Right For You?

Dependants (including yourself)

Years at present address

Years with present employer

Years with previous employer

Gross Monthly Income

Approximate Savings (passbook, money market, CD's, home equity - home value less mortgage balance)

Percent of Monthly Income remaining after Expenses (excluding monthly rent or mortgage payment)