Mortgage Calculator

This calculator will help you to determine how much house you can afford and qualify for.

Complete or change the entry fields in the "Input" column of all three sections. The calculator will automatically recalculate anytime you press the Tab key after changing to an input field.

Purchase Information

Purchase Price:

Down Payment Percent:

Down Payment Amount:

Loan Amount:

Annual Interest Rate:

Length of the Mortgage in Years:

Payment Information

Monthly Principal & Interest Payment:

Annual Property Taxes:

Monthly Property Taxes:

Annual Insurance:

Monthly Insurance:

Annual PMI:

Monthly PMI:

Monthly Association Fees:

Monthly Payment (PITI):

Tax Deductable Portion of Payment:

Qualifying Information

Gross Income:

Monthly Debt Payments:

Qualify For Loan?

Maximum Qualifying Loan Amount:

Current Payment to Income Ratio (max approx. 40%):

Current Debt to Income Ratio (max approx. 50%):

Create Amortization Schedule

Longer term loans may take a few moments for the report to be generated.