This calculator provides a general sense for loan amounts, mortgage qualification, affordability etc. I would recommend working with a mortgage specialist who will provide you with a more detailed view to your purchasing ability.

If you would like me to refer you to mortgage specialist or have any further questions, please don't hesitate to contact me.

Required Fields

Required term in yearsMust be a number between 1 and 50

Term In Years:

Required interest rateMust be a number between 1 and 100

Interest Rate:

%

Required cost of homeMust be a positive number. Maximum of 2 decimal places.

Cost of Home:

$

Required down paymentMust be a positive number. Maximum of 2 decimal places.Cannot be more than Cost of Home

Down Payment:

$

Required annual insuranceMust be a positive number. Maximum of 2 decimal places.

Annual Insurance:

$

Estimate Insurance to 0.43% of Cost

Required annual property taxMust be a positive number. Maximum of 2 decimal places.

Annual Property Tax:

$

Estimate Tax to 1.2% of Cost

Required monthly incomeMust be a positive number. Maximum of 2 decimal places.

Monthly Income:

$

Required monthly debtMust be a positive number. Maximum of 2 decimal places.