Mortgage Affordability Calculator

Find out in less than a minute how much you might be eligible to buy.

Results are estimates for educational purposes only. No SSN required for estimates. If you choose to apply, SSN and a hard credit inquiry may be required.

PITI Breakdown DTI Analysis Income Calculator No SSN Required

Property & Loan Details

Purchase Price

Down Payment

14.3%

Interest Rate (%)

Sample Market Pricing

Loading rates...

Example rates shown are not a quote. Assumes: owner-occupied SFR, 740+ FICO, ≤75% LTV, $350K loan, 30-yr fixed, FL.

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Taxes, Insurance & PMI

Property Tax Rate (%) $3,500 annually

Insurance Rate (%) $1,750 annually

Further Inland Closer To Coast

No Flood Zone In Flood Zone

Coastal areas and flood zones = higher insurance rates

PMI Rate (%)

FHA 0.55%

Higher Credit Lower Credit

Lower LTV Higher LTV

Higher LTVs and lower credit scores = higher PMI rates

Monthly Obligations & DTI

Additional Monthly Debt ($)

Additional Monthly Debts = Only items that report to the 3 credit bureaus. Use minimum payments for credit cards, auto payments, co-signed liabilities, installment loans. Also include IRS installment payments and 401K loan payments. Do not include utilities, auto or health insurance or cell phones.

HOA Dues ($)

Desired DTI Ratio (%)

FHA Front: 46.9% FHA Back: 56.9%

Conservative Aggressive

Front-end DTI: Housing payment only (P&I + taxes + insurance + PMI + HOA)
Back-end DTI: All monthly debts including housing payment

Though accurate, these calculations do not uncover the additional programs available for first time homebuyers, veterans, business owners and more!

Click below to find out in minutes what your loan would look like

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Your Estimated Payment Breakdown

Payments shown are estimates for educational purposes only and are not a loan approval, commitment, or rate lock. Rates and costs vary by credit score, LTV, occupancy, program, and investor. These are not commitments to lend.

Loan Amount

$300,000

Purchase Price

$350,000

Monthly P&I

$1,896

Monthly Taxes

$292

Monthly Insurance

$146

Monthly PMI

$125

Total Monthly Housing

$2,459

Total Monthly Liabilities

$2,459

Required Gross Annual Income

$81,933

Affordability Isn't Just About the Monthly Payment

I help buyers look beyond the mortgage payment to the full cost of ownership — taxes, insurance, HOA, and reserves. Getting pre-qualified with the right numbers means no surprises and a stronger offer when you find the one.

— Todd Hanley, Senior Loan Officer | RICP, CMA

Estimates only • Not an offer or commitment to lend • Assumptions shown below

How This Calculator Works & Key Assumptions

This calculator provides estimates for educational purposes only. It is not a loan application, pre-approval, commitment to lend, or rate lock.

Monthly payment includes P&I, taxes, insurance, PMI, and HOA based on user-provided inputs.
PMI applies when down payment is less than 20% and is calculated as an annual rate against the loan amount.
Required income is estimated based on your target DTI ratio. Actual qualifying income depends on lender guidelines, credit profile, and other factors.
Rates entered are user-provided examples — your actual rate depends on credit, LTV, property type, occupancy, and investor.
This tool does not account for all costs such as closing costs, prepaid items, or flood insurance unless reflected in the insurance rate.

We believe accurate information leads to better financial decisions. If the numbers don't support a particular price point, we'll help you find one that does.

Mortgage Affordability Calculator

Affordability Isn't Just About the Monthly Payment

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