Monthly Affordability (How Much To Borrow)

Enter the amount you want to pay per month:
Enter the number of months to repay:

5yr=60 months, 10yr=120 months,
15yr=180, 20yr=240, 30yr=360

months
Enter your estimated loan rate (APR): %
 *
Total Amount You Can Borrow

 

Other monthly payment calculators:
(links will open new window)

Mortgage required income calculation:
dinkytown.net.../MortgageIncome.html

Another mortgage qualifier:
dinkytown.net/.../MortgageQualifier.html

Maximum mortgage calculation:
dinkytown.net/.../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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