Loan Affordability Calculator

Enter the amount you want to pay per month:

Enter the number of months to repay:

months

Enter your estimated home mortgage loan rate (APR):

Enter the amount of your down payment
(excluding the amount needed for closing costs):

(the following links will open a new window)

Fannie Mae® has a more detailed Home Affordability Calculation: click here

Mortgage required income calculation:
http://www.dinkytown.net/java/MortgageIncome.html

Another mortgage qualifier:
http://www.dinkytown.net/java/MortgageQualifier.html

Maximum mortgage calculation:
http://www.dinkytown.net/java/MortgageMax.html

Your loan amount is subject to debt/income ratios that lenders use to approve borrowing amounts (see debt/income ratios)

* Calculations are based upon the assumptions you entered. Please note that rounding errors can make a small difference in calculations. Your actual mortgage lending rate may vary depending on your credit quality and lender. The circumstances surrounding your credit and loan qualifications may result in different calculations.

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operated by: nBuy Associates