Use our calculator to find out how much house is in your budget by entering a few numbers below (income, debt & other factors). Our calculator requires you to enter affordability ratios used to determine qualification for mortgage approvals. The housing payment ratio (or front ratio) compares your total mortgage payment to your monthly income and your total debt ratio (or back ratio) compares your total monthly obligations including your mortgage payment to your monthly income. Monthly Revolving Account debt refers to monthly credit card and store card payments. For any monthly debt amount that is not applicable, please enter a zero.

Income Information     Gross Monthly Income     Other Monthly Income   3 5 10 20     Down Payment (%)   OR         Other Down Payment (%) Debt Information     Monthly Auto Loans     Monthly Student Loans     Monthly Installment Loans     Monthly Revolving Accounts     Monthly Other Debts Loan Information         Zip Code     Interest Rate     Loan Term (Years)     Front Ratio (%)     Back Ratio (%) Property Information         Monthly Property Taxes     Monthly Hazard Insurance     Monthly Mortgage Insurance     Monthly Homeowners Assoc Dues
The results displayed above are only estimates and cannot be used to determine actual loan costs or be used as a guarantee. Please consult your tax advisor for information on the deductibility of interest for tax purposes. Refinancing or taking out a home equity loan or line of credit may increase the total number of monthly payments and the total amount paid when comparing to your current situation.