Calculators

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Mortgage Calculator: How Much Can I Afford?

Determine how much house you can afford by evaluating your income, expenses, and desired loan terms.

Mortgage: Affordability
100000
Your total annual income from all sources.
100
Your total amount of monthly debt payments, including insurance, utilities, and maintenance.
30
Term is in years.
6.5
Projected interest rate for your home loan.
20000
How much money you intend to put down on a mortgage. Typically 20% of home price.

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

These calculators are made available to you as informational and educational tools for your independent use and are not intended to provide financial orinvestment advice. These calculators are not offers, representations or warranties and do not describe any particular products or services. Results depend on many factors, including the information you provide and we do not guarantee theirapplicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. You should not take any action on the basis of the information provided through these calculators. These calculators are not investment, legal, accounting or tax advice. Please consult with your financial, investment, tax and/or legal advisors for advice regarding your personal circumstances.

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