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.

Guidance by Manny

Want Manny to look at your numbers?

A calculator gives you an estimate. Manny can help you compare the financing options that may apply to your actual situation.

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.