Buying
What can I afford?
Income, monthly bills, credit, and down payment all play a role. This is a high-level look at how the numbers might shake out — not an approval. When you’re ready to see exactly what you qualify for, it doesn’t hurt to apply and get pre-approved.
Your numbers
Enter your numbers
Before taxes — the total for everyone on the loan.
Minimum payments on auto loans, credit cards, student loans, and personal loans. Utilities, cell phone, and groceries don’t count here.
Optional — helps Michael follow up on the right market.
Leave blank to use each loan’s minimum — Conventional 5%, FHA 3.5%, VA 0%. If you enter less than a program allows, we use the minimum.
Conventional can go as low as 3% for first-time buyers, or when income is under area limits.
Conv 6.87% · FHA 6.40% · VA 6.42%
Average advertised rates — a starting point, not a quote or lock.
0 if none
Conventional detail
About $602,834
- Max purchase
- $602,834
- Max loan
- $572,693
- Down payment
- $30,142 · 5.0%
- Estimated monthly payment
- $4,500
- Principal & interest
- $3,760
- Taxes
- $311
- Insurance
- $176
- PMI (0.53%)
- $253
- HOA
- $0
- Rate used (market average)
- 6.87%
- Cash to close (est.)
- $45,213
Taxes and insurance are estimates and will vary by property, coverage, and the current tax roll. Leave down payment blank and each loan uses its minimum: Conventional 5% (3% for first-time buyers or when income is under area limits), FHA 3.5%, VA 0%. Average rates are what lenders are advertising — not a quote or lock. To see what you actually qualify for, apply and get pre-approved.