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Affordability Calculator

Estimate the home price you could afford before you buy.

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Based on your annual income you can afford
the following home values at different levels of down payment. 
Down Payment (%)  %  %  %
Home Value $1,013 $1,013 $1,013
Down Payment $1,013 $1,013 $1,013
Max. Mortgage Amount $1,013 $1,013 $1,013
  Total Monthly Payment $1,013 $1,013 $1,013
P&I Payment $1,013 $1,013 $1,013
PMI $1,013 $1,013 $1,013
Property Insurance $1,013 $1,013 $1,013
Property Tax $1,013 $1,013 $1,013
Total Monthly Payment for  % down payment $2,725
 
P&I Payment $1949
 
Private Mortgage Insurance (PMI) $173
 
Property Insurance $55
 
Property tax $548

Additional Monthly Expenses $1622

 

Total Monthly Payment for  % down payment $2,725
 
P&I Payment $1949
 
Private Mortgage Insurance (PMI) $173
 
Property Insurance $55
 
Property tax $548

Additional Monthly Expenses $1622

 

Total Monthly Payment for  % down payment $2,725
 
P&I Payment $1949
 
Private Mortgage Insurance (PMI) $173
 
Property Insurance $55
 
Property tax $548

Additional Monthly Expenses $1622

 

 

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DISCLAIMER: These calculators are for informational purposes only. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. The mortgage rate and payment results you see on these calculators are hypothetical and illustrative only and do not reflect your actual mortgage loan situation or needs. Mortgage rates change daily and actual payments will vary. Not all payment examples include amounts for taxes and insurance premiums and the actual payment obligation will be greater. To give you accurate and personalized information, we will need to do a detailed analysis of your financial situation. goodmortgage offers a wide variety of mortgage loan options. To get more accurate and personalized results, please proceed by selecting “Apply Now” or “Rate Quote.”