Run the numbers on a purchase, refinance, home equity loan, or debt consolidation.
See how much home you may be able to afford based on your income and debts.
Monthly debts: car loans, student loans, credit card minimums, child support. Not rent.
You may be able to afford
$549,236
Loan amount
$489,236
Down payment
10.9%
Principal & interest
$3,092
Total monthly payment
$3,700
At a 43% debt-to-income limit, up to $3,700 a month is available for your housing payment after your other debts.
Does not include mortgage insurance, which usually applies with less than 20% down on conventional loans and on all FHA loans. The limit you qualify for depends on your credit, reserves and loan program.
* This estimate is provided for illustrative and informational purposes only and does not constitute a loan approval or commitment to lend. Actual rate, APR, and payment will depend on your credit profile, loan program, and market conditions at the time of rate lock. 1st 2nd Mortgage Co. of N.J., Inc. — NMLS # 115981.