Purchase Power Calc

It estimates the maximum home price you can afford based on your desired monthly payment, loan term, interest rate, and down payment.

Start by entering a target monthly payment you're comfortable with. Then enter your expected down payment, interest rate, and loan term. The calculator will show the purchase price that fits your budget.

Your loan amount is what you borrow. Purchase power is your total home price including your down payment. This calculator helps bridge the two.

Higher rates increase your monthly payment, which reduces the price of home you can afford. Lower rates allow you to qualify for a higher price within the same payment.

Yes. By adjusting the interest rate field, you can see how changing rates affect your price range in real time.

No. This tool focuses on principal and interest only. Use a full PITI calculator if you want a complete monthly cost.

Yes. It helps you understand your price ceiling before talking to a lender, making your home search more focused and realistic.