What is your target monthly rent?

2600

What is your target home price?

500000

How long would you live there?

7 years

What is your income tax rate?

28%

Not Sure? See a Tax Rate Chart
Federal
Tax Rate
Single Married
Filling Separately
Married, or
Qualifying Widow(er)
Head of Household
10% Less than
$8,925
Less than
$8,925
Less than
$17,850
Less than
$12,750
15% $8,926
to
$36,250
$8,926
to
$36,250
$17,851
to
$72,500
$12,751
to
$48,600
25% $36,251
to
$87,850
$36,251
to
$73,200
$72,501
to
$146,400
$48,601
to
$125,450
28% $87,851
to
$183,250
$73,201
to
$111,525
$146,401
to
$223,050
$125,451
to
$203,150
33% $183,251
to
$398,350
$111,526
to
$199,175
$223,051
to
$398,350
$203,151
to
$398,350
35% $398,351
to
$400,000
$199,176
to
$225,000
$398,351
to
$450,000
$398,351
to
$425,000
39.6% More Than
$400,000
More Than
$225,000
More Than
$450,000
More Than
$425,000
If you itemize your tax deductions, you can probably deduct your mortgage interest and property tax payments. If you don't itemize, check the "I do not itemize" box. If you pay state income tax, add your marginal federal and state rates together.
Source: http://www.irs.gov/publications/p505/ch02.html

What is your mortgage rate?

4.8%

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