First things first .....


Purchasing real estate is a significant investment in your future.  Understanding how much house you can comfortably afford is the first step in making your real estate dreams become a reality.

(863) 529-7488

Use these handy calculators to get an idea of how much house you can afford and a general range of what your mortgage payment might be as you start your house hunt.  If you have questions about these calculators or would like a referral to a list of qualified mortgage experts who can start you on the path to pre-approval or pre-qualification,  call

John Carter

Web Pro Real Estate

1420 South Florida Avenue

Lakeland, FL 33803


Phone:     (863)529-7488


Sellers Corner

Buyers Corner 


Central Florida Info





What is PMI?

PMI stands for Private Mortgage Insurance and is charged to home buyers when their down payment is less than 20%. The charge generally ranges from .5% to 1% of the value of the loan.  Talk to your financial advisor to learn more.

How much to spend?

As a general rule of thumb, plan to spend 28% or less of your gross monthly income on housing expenses.  This should include principle, interest, homeowner's insurance, and property taxes.

What about my credit?

An established and stable credit history is important to almost all lenders.  Many agencies have created 'scores' to rate an individuals credit.  If you are not knowledgeable about your own credit score, take the time to visit one of the many free reporting agencies before you begin your house hunt.

How much down payment?

The amount of down payment of you put down on a home is largely a personal decision though most lenders have minimal requirements.  Be sure to understand the implications to PMI as well as various available loan alternatives, by talking with your financial professional of choice. 

Up  Next ....

Once you have an idea of how much you want to spend on your new home, be sure to use our MLS property search containing over 104,000 available options in the greater Central Florida area!