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Affordability Calculator

This will calculate an estimated monthly mortgage payment and home price you can afford based on your income and expenses.
Go to the Mortgage Calculator to calculate an estimated monthly principal and interest mortgage loan payment (Taxes + Insurance not included).

Gross Monthly Income:

   

Wages:

$

Other:

$

New Home Info:

   

Down Payment

$

Loan Term in years

 

Annual Interest Rate

  %

Monthly Expenses:

(Only include expenses that will not be paid off within ten months)

Car Payment:

$

Credit Card Payment:

$

Other:

$

Taxes and Insurance Expected:

Real Estate Taxes:

$

Homeowner's Insurance:

$
   
 

Available Mortgage Limits

   

Affordable mortgage payment:

$

Affordable home amount:

$

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