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:
|
|
|
|