Let me help you find out what you can afford! My mortgage calculator will help you determine loan amounts, mortgage qualification, or whether you should be renting or buying.

Complete the fields below (e.g., Cost of Home, Down Payment, Monthly Income) and click Calculate Now. To view the different results of your calculation, click on the various tabs. To mail yourself a copy of your results, click the Receive this Detailed Analysis link.

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.

Cost of House = [(Monthly income x Debt Ratio) – monthly tax – monthly insurance – condo fee] / (monthly interest rate/ function of interest rate)

Renting

Monthly Rent: $

RequiredMust be a positive number

Annual Rental Increases:

RequiredInvalid%

Monthly Renter Insurance: $

RequiredInvalid

Savings or Investment Rate:

RequiredInvalid%

Owning

Planned # of years in home:

RequiredInvalid

Yearly appreciation of the home:

RequiredInvalid%

Annual home maintenance:

RequiredInvalid%

How Much Can You Afford?

Mortgage Calculator

Our calculators will help you determine loan amounts, mortgage qualification, affordability or whether you should be renting or buying.

Complete the fields below and click Calculate Now. To view the results of each calculation, click on the various tabs. To email yourself a copy of the results, click the Receive this Detailed Analysis link.

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.