The Home Affordabilty Calculator will calculate the most expensive house you can afford based on your income and other factors.
This calculator is for fixed-rate mortgages. Adjustable-rate mortgages, or ARMs, may allow you to acheive lower payments in the short term. However, with ARMs, your monthly payment may increase if interest rates rise.
* The percentage of your pre-tax income you are able to spend on housing. 30% is the standard amount.
This calculator is for fixed-rate mortgages. Adjustable-rate mortgages, or ARMs, may allow you to acheive lower payments in the short term. However, with ARMs, your monthly payment may increase if interest rates rise.
* The percentage of your pre-tax income you are able to spend on housing. 30% is the standard amount.