Mortgage Calculator

Enter your personalized information below to get a ballpark figure of the size of the home loan you can afford!

Annual Income $

Current Monthly Debt Payments $

Est. Annual Property Tax $

Est. Annual Home Insurance $

Down Payment $

Interest Rate %

Loan Term

Want a Copy of the Results?

You can afford up to

$

Monthly Payment $

Principal & Interest $

Tax $

Insurance $

A 40% total debt ratio (house payment plus other monthly debts divided by your gross monthly income) was used to illustrate affordability. Individual ability to successfully budget will vary. This is not financial advice.

Conventional mortgages are ideal for buyers with good credit. Down payments for these loans are often between 5-20%.

Purchase Price $

Loan Term (Year)

Down Payment ($)

20%

Est, Annual Property Taxes ($) ($)

1%

Interest Rate (%)

3.25%

Est. Annual Home Insurance $

Monthly HOA $

Want a Copy of the Results?

$1421

Monthly Payment

Principal & Interest $1421

Est, Annual Property Taxes ($) $1421

Monthly HOA $1421

Est. Annual Home Insurance $1421

This calculator does not include a mortgage insurance payment. Loans with less than 20% down payment will most often require monthly mortgage insurance.

This calculator is provided for informational and educational purposes only. It should not in any way be construed as financial or legal advice. Your actual rate, payment and costs could be higher. Results do not reflect all loan programs and are subject to individual program loan limits. Qualification, rates, payments including mortgage insurance and the VA Funding Fee will vary based on timing and individual circumstances. This information should not be assumed to be free of errors. This is not a commitment to lend.

Mortgage Calculator

You can afford up to

$

$1421

Monthly Payment

Ready to get started?