Home Affordability Calculator

The Sharia Laws and Islamic Financing

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.

Income

Before Tax
Please enter a number greater than or equal to 0.
Hidden

%
Please enter a number from 0 to 100.
Based on Income
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Hidden

Monthly Debts

Please enter a number greater than or equal to 0.
Please enter a number greater than or equal to 0.
Please enter a number greater than or equal to 0.
Please enter a number greater than or equal to 0.
Please enter a number greater than or equal to 0.
Hidden

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%
Please enter a number from 0 to 100.
Note: Could be higher on case-to-case basis
Based on DTI
Please enter a number greater than or equal to 0.
Lower of the two previous Max Monthly Payment calculations
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Hidden

Available Funds

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Hidden
%
Please enter a number from 0 to 100.
Hidden

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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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Hidden

Monthly Housing Expenses

Note: Property Tax and Home Owners Insurance must be filled for an accurate Maximum Home Price result.
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Please enter a number greater than or equal to 0.
Monthly
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Hidden

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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Hidden

Financing

years
Please enter a number from 0 to 60.
%
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Hidden

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
Please enter a number greater than or equal to 0.
Please enter a number greater than or equal to 0.
Please enter a number greater than or equal to 0.

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.