Mortgage Calculator

What is the Most Expensive House You Can Afford?


Yearly Income (before Tax)	$

Down Payment	$

Interest Rate	%

Term of the Loan

% Of Income for Housing *	%

This page will calculate the most expensive house you can afford based on your income and other factors.

* The percentage of your pre-tax income you are able to spend on housing. 28% 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.

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