Mortgage Affordability Calculator

Annual Gross Income

 
Annual Wage Income $  
Annual Interest Income $  
Other Income $  

Monthly Debt Payments

 
Monthly Car Loan $  
Monthly Credit Card $  
Monthly student Loan $  
Other Monthly Debt $  

Insurance and Taxes

 
Annual Home Insurance $  
Annual Property Taxes $  

Fixed Loan Terms

 
Annual Interest Rate     %
Loan Term    Year
Down Payment $  
Monthly PMI $  

Qualification Ratios

 
PITI Ratio   %
Debt Ratio   %
  
Monthly Principal & Interest $  
Monthly Insurance & Taxes $   
Total Monthly Payment $  
Down Payment to Value Ratio  
Loan to Value Ratio  
Maximum Loan Amount $  
Maximum Purchase Price $  
This calculator is meant to give you a general idea of how much house you can afford. Other factors may effect your ability to pay, so please request a quote and speak with a qualified lender to determine the proper mortgage for your exact situation.
 

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