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: |
|
|
| Downpayment % |
0% |
5% |
10% |
| The size mortgage you could afford: |
|
|
|
| Down payment amount: |
|
|
|
| Price of home: |
|
|
|