Home Affordability Calculator

The Sharia Laws and Islamic Financing

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Important: This calculator is provided for illustrative purposes only, reliance on the estimates is at your complete discretion and Ijara Community Development is not responsible for your reliance on the estimates, nor are the estimates to be construed as a pre-qualified offer, a pre-qualified offer can only be provided with a complete application for Halal Home or Business Financing with one of our Licensed lenders.

Ijara CDC Home Affordability Calculator Results

Income

Before Tax
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%
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Based on Income
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Monthly Debts

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%
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Note: Could be higher on case-to-case basis
Based on DTI
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Lower of the two previous Max Monthly Payment calculations
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Available Funds

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%
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%
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Based on Price
Based on Funds
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Based on Funds
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Monthly Housing Expenses

Note: Property Tax and Home Owners Insurance must be filled for an accurate Maximum Home Price result.
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Monthly
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Note: this is an estimate only and is subject to change
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Based on Expenses
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Lower of the two previous Max PI Payment calculations
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Financing

years
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%
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Based on Max PI Payment
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Based on Available Funds
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Note: this is an estimate only and is subject to change
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Disclaimer: Ijara Community Development Corporation strives to keep its information accurate and up to date. This information may be different than what you see when you apply for an Ijara™ transaction, visit a financial institution or service provider. All financial services and estimates are presented without warranty. Pre-qualified offers are not binding. If you find discrepancies with your credit score or information from your credit report, please contact the credit bureaus directly.