Renter Mortgage Affordability Calculator |
This calculator will estimate the size of a mortgage you could afford based on the size of your monthly rent payment, the downpayment you could afford, and on the anticipated property taxes and homeowner’s insurance. |
Enter your monthly rent payment: | |
Enter the anticipated mortgage interest rate: | |
Enter the term of the mortgage (years): | |
Enter the anticipated annual property taxes: | |
Enter the anticipated annual insurance: | |
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Downpayment % | 0% | 5% | 10% |
The size mortgage you could afford: | | | |
Down payment amount: | | | |
Price of home: | | | |