CapWest Mortgage
Learning Center
How Much Can I Afford?

You can use this calculator as a guide to determine what the mortgage companies will allow you to borrow and how much will you save on taxes. There are a lot of factors, of course, which will ultimately determine how much your bank or mortgage company will loan you, but gross income and current debt payments are the most heavily weighted qualifiers.


Monthly Income
   Salary/Wages
   Other Income
Monthly Housing Expenses
   Property Taxes
   Hazard Insurance
Other Monthly Expenses
   Auto Payment
   Other Payments
Loan Term and Interest Rate
   Loan Term Years
   Interest Rate %
   

Results
You may qualify for a maximum monthly mortgage payment (P+I) of
You may qualify for a maximum loan amount of

**The figures above are based upon conventional program guidelines. Other loan programs are available. Calculations by this tool are believed to be accurate, yet are not guaranteed. Further review is necessary to obtain an exact qualification. If you have less than 20% equity in your home, a monthly mortgage insurance payment may be required.

Alabama Mortgages   Arkansas Mortgages   California Mortgages   Delaware Mortgages   Florida Mortgages   Illinois Mortgages   Indiana Mortgages   Iowa Mortgages   Maine Mortgages   Michigan Mortgages   Minnesota Mortgages   Missouri Mortgages   Nebraska Mortgages   Nevada Mortgages   New Jersey Mortgages   New York Mortgages   North Carolina Mortgages   Ohio Mortgages   Oklahoma Mortgages   South Carolina Mortgages   Tennessee Mortgages   Texas Mortgages   Virginia Mortgages   Washington Mortgages   Wisconsin Mortgages   Wyoming Mortgages