Financial Calculators

How Much Can You Afford? | Mortgage Pre-Qualification Calculator

How Much Home Can You Afford?

This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.
Purchase & Financing Information
Sale Price of Home: (In Dollars)
Percentage Down: %
Length of Mortgage: years
Annual Interest Rate: %
Explain Calculations: Show me the calculations and amortization
 



Mortgage Pre-Qualification Calculator

Monthly Income Salary & Wages Other Income
Monthly Housing Expenses Property Taxes Hazard Insurance
Other Monthly Expenses Auto Payment Credit Cards & Other Payments
Loan Term and Interest Rate Years In Loan Term Interest Rate
 

You may qualify for maximum monthly mortgage payment (P+I) of:

 

You may qualify for a maximum loan amount of:

 

Information Deemed Reliable But Not Guaranteed
The information provided by this website is for the personal. non-commerical use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.

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