This calculator will help you to determine how much house you can afford. After you enter your information, the calculator tests your entries against mortgage industry standards to determine the highest priced house you can qualify for, along with the down and monthly payments you would need to make in order to sustain homeownership. It is wise to consider all your financial obligations when determining how much you can afford.
Begin by clicking in the first entry field and follow the instructions that appear in the Help box. Please note that this calculator requires that you place a minimum downpayment of 5% of the mortgage.
Click here for a new window to see what you can afford
Affordability Calculator
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