Renter Mortgage Affordability Calculator
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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: |
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Enter the anticipated mortgage interest rate: |
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Enter the term of the mortgage (years): |
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Enter the anticipated annual property taxes: |
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Enter the anticipated annual insurance: |
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Downpayment % |
0% |
5% |
10% |
The size mortgage you could afford: |
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Down payment amount: |
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Price of home: |
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