Mortgage Calculator

This calculator will help you to determine how much house you can afford and/or qualify for.

Note* If you are planning on mortgaging a Mobile Home be aware that the rates are a good deal higher than they are for other property types. Plan on 6% to 13% for a Mobile Home. The length of Mobile Home loans will typically not exceed 20 years. Plan on putting at least 20% down.

Complete or change the entry fields in the "Input" column of all three sections. The calculator will automatically recalculate anytime you press the Tab key after making a change to an input field.

Purchase Information

Purchase Price:

Down Payment Percent:

Down Payment Amount:

Loan Amount:

Annual Interest Rate:

Length of the Mortgage in Years:

Payment Information

Monthly Principal & Interest Payment:

Annual Property Taxes:

Monthly Property Taxes:

Annual Insurance:

Monthly Insurance:

Annual PMI:

Monthly PMI:

Monthly Association Fees:

Monthly Payment (PITI):

Tax Deductable Portion of Payment:

Qualifying Information

Gross Income:

Monthly Debt Payments:

Qualify For Loan?

Maximum Qualifying Loan Amount:

Current Payment to Income Ratio (max approx. 40%):

Current Debt to Income Ratio (max approx. 50%):

Create Amortization Schedule

Longer term loans may take a few moments for the report to be generated.

Mortgage Calculator

Purchase Information

Payment Information

Qualifying Information

Create Amortization Schedule

We're Here to Help

Connect

Have a Question or Want a Free Market Report?