Mortgage payments are the largest upfront expense of home buying. To make your home-buying as stress-free as possible, you should know how much home you can afford. The mortgage calculator helps you find out exactly how much you can afford to spend on your home and its monthly payment. With this information, you can determine whether or not you can afford to purchase the property and begin the home buying process.
We created this free and simple mortgage calculator to help you estimate your monthly payments. Our calculator allows you to adjust term length, interest rate, and down payment. This tool can help you see how much house you can afford. To determine the monthly payments and the total interest you will pay over the life of your loan, fill in the fields below.