Mortgage Affordability Calculator

Affordability Calculator


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The mortgage affordability calculator helps you to determine how much house you can afford. It analyzes your monthly income, monthly expenses, and specified mortgage rate to calculate the most affordable mortgage for you.


Affordability Calculator

End of monthly income selector
End of monthly expenses selector
End of down payment selector
End of Loan Interest Rate selector
End of Property Taxes selector
End of Property Taxes selector
Price of home you can afford
Loan Amount
Down Payment
Estimated Monthly Payment
Principal and Interest:
Taxes and Insurance:
PMI(If down payment less
than 20%):

Calculator results are based on a debt-to-income ratio of 43%. Even though you may qualify for the amount listed above, it may not be suitable for you. You should review your personal situation, and work with your financial advisor, to decide how much you can comfortably afford to borrow.

Your debt-to-income ratio is calculated by adding up all of your monthly debt payments and dividing them by your gross monthly income. Your gross monthly income is generally the amount of money you have earned before your taxes and other deductions are taken out.  For example, if you pay $1500 a month for your mortgage and another $100 a month for an auto loan and $400 a month for the rest of your debts, your monthly debt payments are $2000. ($1500 + $100 + $400 = $2,000.) If your gross monthly income is $6000, then your debt-to-income ratio is 33 percent ($2000 is 33% of $6000).


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llame al 1-800-873-6577.