Estimating Log Home Cost Worksheet From Kuhns Bros. Log Homes

Kuhns Bros. Log Homes, Inc.

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Approximate Square Footage of your Dream Home
Square footage amounts range from $140-$175. We used $150 here, but the final cost of your project may vary from that amount. This cost does not include land or allowance for site improvements.		sq. ft.
Your Approximate Cost:

Land
If you own property that is paid in full, enter a zero. If you still owe money on the property, enter the amount owed here. If you need to purchase property enter the estimated cost here.		$
Equity and Savings
If you are planning on using money from the sale of an existing property and/or savings enter that amount here.		$
Mortgage Amount Needed:

*Combined Gross Monthly* Income**
In this calculation, the assumption has been made that the maximum mortgage payment is 30% of the family income, which is a rule of thumb in the banking industry. The banking industry also uses a secondary formula for total debt. Please contact your financial institution for guidance.		$
Amount you wish to Borrow
Enter the amount from Mortgage Amount or you can override the amount if you have equity from any other sources.		$
Term of Loan in Years		years
Interest Rate		%
Enter the interest rate as a whole number. (example: 7.25)

Your Monthly Payment:

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