Or you can enter in the amount you have available for a monthly mortgage payment, and this will estimate the amount of loan you can qualify for. Select the interest rate that is available to you, and choose your mortgage term (25 and 30 years are most common).
Amount of Monthly Mortgage Payment You Can Afford:
Interest Rate:
Period for loan:
Amount of Mortgage You Can Afford:
Please note this is an estimated guideline only. Contact your bank or mortgage broker for exact figures in your case. Feel free to ask mortgage questions on our message boards!