Overview 

Want to see if a property fits your budget? Our app offers a built-in calculator to help you determine if a property is affordable and the equity it will accrue over time.

You’ll need some basic information to get started: 

• Annual Income

• Monthly Expenses

• Credit Score Range

• Property Pricing Details

In this article, we’ll go over how to access our budget calculator to estimate property affordability and equity.

Get Your Estimate

If there’s a specific house you want to check the affordability of, open the property details page and scroll to the Calculate the costs of owning this home section. Click Go to Budget. 

The Home Details section will be prefilled with the selected property’s information. Enter your other finance information to get your estimates!

If you just want to look at your budget and enter some sample scenarios, you can still use our affordability calculator. 

On a desktop, click Budget in the left menu. 

On a mobile device, click the menu icon and then select Budget.

Make sure you are on the Affordability tab, and then enter your financial information. 

You’ll see breakdowns of your expected monthly expenses and even up-front cash expenses. You can even jump to information on custom mortgage rates at the bottom of the page.

To find out about a property's potential equity, click the Equity tab at the top. 

The information entered in the Affordability tab will be used to calculate equity. Just fill in the percent increase and years you would like to calculate.

Still need help? Reach out to us at helpme@ruuster.com and we’d be happy to assist!