Purchase Loan Calculator

This calculator will help you to determine how much house you can afford and/or qualify for. Begin by clicking in the first entry field and follow the instructions that appear in the Help box. Gross annual income: Explain/Instruct Monthly debt payments: Down payment: Annual interest rate: Monthly Private Mortgage Insurance (PMI %): Monthly insurance: Annual property tax percentage(%): Length of the mortgage: 15 Years20 Years30 Years Maximum mortgage payment to income ratio (%): Maximum debt payments to income ratio (%): ? Downpayment: Explain/Instruct ? Loan Amount: ? Home Price: ? Monthly PMI payment: ? Monthly insurance payment: ? Monthly property tax payment: ? Monthly principal & interest payment (P&I): ? Total monthly cash outflow: