Let us help you find out what you can afford! Our mortgage calculator will help you determine loan amounts, mortgage qualification, or whether you should be renting or buying.

Complete the fields below (e.g., Cost of Home, Down Payment, Monthly Income) and click Calculate Now. To view the different results of your calculation, click on the various tabs. To mail yourself a copy of your results, click the Receive this Detailed Analysis link.

Term In Years:     
Interest Rate:      %
Cost of Home:  $
Down Payment:  $   
Annual Insurance:  $   
0.43%of Cost
Annual Property Tax:  $   
1.2%of Cost
Monthly Income:  $
Monthly Debt:  $
Gross Debt Service Ratio (GDS):     
Total Debt Service Ratio (TDS):     
Condos Fees:  $

  Receive this Detailed Analysis

Your Monthly Payments
Loan Amount:      
Loan Insurance (  %):  
Total Loan(Mortgage) Amount:  
Principal & Interest:      
Homeowners Insurance:      
Property Taxes:      
Condo Fees:      
Monthly Loan Insurance ( %):      
Total Monthly Payment:      
Income Needed to Qualify for the Mortgage
Total Monthly Loan Payment:    
Total Monthly Debt Payment:    
Monthly Loan Insurance ( %):    
Qualifying Income of  % GDS Ratio:    
Qualifying Income of  % TDS Ratio:    
What You Can Afford
We are using the  % ratio.
Cost of House:    
Down Payment:    
Loan Value:    
Monthly Principal & Interest:    
Monthly Insurance:    
Monthly Property Tax:    
Monthly Condo Fees:    
Note: Cost of House = [(Monthly income x Debt Ratio) – monthly tax – monthly insurance – condo fee] / (monthly interest rate/ function of interest rate)
Monthly Rent: $
  No. of Years you plan on keeping the home:
Annual Rental Increases:   %   Yearly Appreciation on the Home: %
Monthly Renter Insurance: $   Annual Home Maintenance: %
Savings or Investment Rate:   %