Designed specifically for NYC, this interactive web tool calculates debt-to-income ratios, closing costs, and monthly housing expenses for co-ops and condominiums. It also provides clear, actionable feedback on how clients can improve their affordability profile.

📱 Mobile phone users: please hold the phone sideways for best results.

Decision Fish’s Prototype Affordable Home Calculator

The Decision Fish Affordable Home Calculator 🏡

Assumptions

Property Details

Property Type:

Condo Coop

Purchase Price ($):

Monthly Common Charges/Maintenance ($):

Monthly Property Tax ($):

Monthly Homeowners Insurance ($):

Monthly Multifamily Rental Income ($): Info

Financing Details

Interest Rate (%):

Down Payment (%):

Assistance ($):

PMI Rate (%):

Personal Finance

Annual Income ($):

Monthly Debt Payments ($):

Credit Score:

Results

Monthly Costs

Principal & Interest:N/A

Private Mortgage Insurance (0.500%): N/A

Common Charges/Maintenance:N/A

Property Tax:N/A

Homeowners Insurance: N/A

Total Monthly Housing Cost:N/A

Affordability Checks

Adjusted Gross Monthly Income: N/A

Housing costs (PITI) as a percent of income:

N/A

Housing and debt costs as a percent of income:

N/A

Estimated Closing Costs

Down Payment:N/A

Bank Attorney:$1,000

Your Attorney:N/A

Title Insurance (0.40%):N/A

Mortgage Recording Tax (1.800%):N/A

Appraisal:$750

Home Inspection:$800

Move-in/Board Application:$600

Less Assistance: N/A

Total Cash Needed at Closing:N/A

Suggestions

🗣️ We need your feedback!

2 Minute Survey