Calculators

Mortgage: How much Can I Afford

Mortgage: How Much Can I Afford

Annual Income

100000

Your total annual income from all sources.

Monthly Debt Payments

100

Your total amount of monthly debt payments, including insurance, utilities, and maintenance.

Loan Term

Term is in years.

Interest Rate

6.5

Projected interest rate for your home loan.

Down Payment

20000

How much money you intend to put down on a mortgage. Typically 20% of home price.

Monthly Income

Maximum Monthly Payment

This assumes that your total home expenses (including loan payment) should not exceed 28% of your monthly income.

Loan Amount

Total Home Price

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