Mortgage Calculators

› How much home can I afford?

This calculator computes the most expensive house you can buy based on the highest payment you can afford, but does not indicate whether you would qualify for the loan.

Monthly Payment Information
Highest payment you can afford
(include all taxes, fees, dues, insurance, etc.)

Payment Breakdown
Monthly insurance and other costs

Annual property tax

Monthly association dues (if any)

Loan Information
Down payment

Loan term

Interest rate

Personal Information
Combined state and federal tax rate

Calculator tips
This calculation uses the interest portion of your first payment to calculate a monthly tax benefit. Your actual tax benefit usually changes over the life of the loan. Talk to your tax advisor regarding the ongoing tax benefit and the possibility of adjusting your withholdings to account for the extra interest deduction. If this option is right for you, more money may be available for you to apply toward your monthly house payments.

You may also want to talk to a qualified financial professional regarding the effects of wage increases and home appreciation.

Loan points and fees are not considered in this calculation.