Mortgage Calculator

Affordability Calculator

Work backward from income and debts to a realistic price ceiling.

Gross monthly income

Monthly debt payments

Target debt to income (%)

Interest rate (%)

Term (years)

Property tax rate (% of value)

Annual insurance

Estimated price range ceiling$344,531

Estimates only, for illustration. Actual payment, taxes, insurance and terms are determined by your loan approval and are not a commitment to lend.

Other calculators

Estimate principal, interest, taxes, insurance, mortgage insurance and HOA.

Compare your current payment against a new rate and term.

Model a larger loan amount with cash proceeds at closing.

Estimate available line based on value, balance and program limits.

Estimate PITI and the debt service coverage ratio from expected rent.

Model 1-0, 2-1 and 3-2-1 temporary buydowns and their estimated cost.

Estimates are a starting point. A review of your documents produces figures you can rely on.