Use this mortgage calculator to figure out what kind of house you can afford. There are two ways to use this calculator:

mortgage amount

1. Enter the amount of a mortgage in the "Mortgage Amount" field and click on the "Calculate" button beside the "Monthly Payments" field to determine the monthly payments for the home.

monthly payment

2. Enter the amount of monthly payment you want to pay in the "Monthly Payments" field and click on the "Calculate" button beside the "Mortgage Amount" field to determine the mortgage you can afford.

For more information on what you can afford in your next home, please fill in the form on this page.

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This calculator does not replace professional financial advice. All results are for demonstration purposes only. Your mortgage lender may use a different calculation method.