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How Much House Can You Afford?

Use this handy mortgage calculator to discover how much house you can afford before you start your search. This tool will let you discover what your monthly mortgage payments will be based on the down payment you make, interest rate, number of years and the total amount borrowed. Play with the numbers till the monthly payment looks good to you. Don't forget to account for your current debts and expenses - you don't want to be stuck eating ramen noodles for the next 15 to 30 years.

Mortgage Calculator

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