As you shop for homes, have you checked to see how much you can actually afford? Our Affordability Calculator gives you a quick snapshot of how much you can spend for a home. In a matter of seconds you can see:
This quick exercise can help you narrow down your true mortgage loan that you qualify for. Not sure what interest rate to use for the calculator? Click here.
- Maximum home price you can afford
- Estimated monthly mortgage payment
- Estimate of cash needed for closing - Down payment plus closing costs and any pre-paids
This quick exercise can help you narrow down your true mortgage loan that you qualify for. Not sure what interest rate to use for the calculator? Click here.
Now that you have your affordability price point, please keep a copy of this print out for future reference (print or download to PDF) or forward to your real estate agent or to us for review. We'll walk you through the steps to determine how much house you can afford.
You can also use our online suite of mortgage calculators anytime and if you like them please share with your friends and family.
The Ken Caiani Group with Fairway Independent Mortgage Corporation. Ken Caiani NMLS# 46542 / CO MLO# 100018072 NMLS Consumer Access FIMC is an Equal Housing Lender and is licensed through NMLS #2289. Regulated by the division of real estate.