How much house can I afford?

If you’re ready to buy a home, you need to know what your price range is. Our Home Affordability Calculator helps you determine the price of a home that fits perfectly in your budget.

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Enter any number here. Some programs allow down payments as low as 3%. Just remember, the more you put down, the less your monthly payment will be.

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Your gross income amount is how much money you earn annually before taxes are deducted.

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This number represents how much you pay monthly for rent or mortgage, car, groceries, utilities, entertainment, and more.

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We’re using the current average mortgage rate to calculate payments. Your actual rate may vary depending on credit score, loan type and other factors.

Choose the length of the loan term you plan to use. Standard loan terms are 15 or 30 years.

Debt-to-income ratio is calculated by taking all of your monthly costs and dividing it by your monthly gross income.

These calculations are tools for learning more about the mortgage process and do not constitute an offer or approval of credit. Contact a PrimeLending home loan expert for actual estimates.

Ready to get started?
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You should be able to afford a home valued at

$352,300

30 year fixed loan

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