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Affordability Calculator

If you're ready to buy a home and have estimated what mortgage payment you can afford. Keep in mind that the total cost of home ownership includes the mortgage plus property taxes and homeowners insurance and possibly mortgage insurance.

Our Affordability Calculator can help you determine, How much house can you afford?


Using an affordability loan calculator can give you an idea of how much you can borrow. Just input the payment you want, the loan term and interest rate. Our Mortgage Affordability Calculator will then tell you the loan amount you may receive and eventually how much house you can afford.

If you're not sure what you can afford for a monthly payment, you can calculate a monthly payment based on standard underwriting guidelines, which allow a maximum of 28% of your gross income for housing expenses. This percentage includes costs for property taxes and insurance. You can enter any mortgage rate into the calculator to see how the mortgage rate impacts affects affordability. Loan and refinance calculator tools are intended to provide estimates as guidelines only. Additional factors can influence the exact amount of your mortgage or refinance loan.

Refinance Calculator Provides More Information
If you want to refinance, using a refinance mortgage calculator can help you compare your existing mortgage to refinance terms.

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