Name: 719 Lending
Price range: $$$

What Can You Afford Mortgage Calculator

Income

DTI (%)

Other Debt

Rate (%)

Loan Term

Down Payment

Monthly Housing Costs

Taxes

Insurance

PMI

HOA

Maximum Loan Amount

Estimated Home Price *The total home price you can afford, calculated as the sum of your maximum loan amount and down payment. This reflects your purchasing power based on the provided inputs.

Total Monthly Payment

Housing / Total Debt (%) * Housing % reflects the portion of your income spent on mortgage, taxes, insurance, and HOA fees. Total % includes all debts (housing plus other obligations), critical metrics lenders use to assess repayment ability.

0% / 0%

Want a bigger loan? Try lowering your DTI or other debts.

Generating PDF, please wait...

Click here to download your PDF

FAQ Accordion Component

Frequently Asked Questions

The calculator evaluates your income, monthly debts, loan term, interest rate, down payment, taxes, and insurance to determine the maximum home price you can afford based on standard lending guidelines.

Gross monthly income is your total income before taxes or deductions. It's used by lenders to calculate affordability ratios, like the debt-to-income (DTI) ratio.

Include any loans or credit payments that appear on your credit report—such as auto, student, or personal loans, and credit card minimum payments. Don't include utility bills or subscriptions.

Yes. You can enter estimated annual taxes and insurance. The calculator includes these in your monthly mortgage payment to reflect a more accurate total cost of homeownership.

Mortgage insurance protects lenders if you default and is usually required if you put down less than 20%. You can enter the monthly MI amount or use your lender's estimate.

Yes. You can change both the term (e.g., 15 or 30 years) and interest rate to see how different loan structures affect your price range and monthly payment.

No. This is a helpful planning tool, but only a lender can pre-qualify you. Use this to get an idea of your budget, then talk to a loan officer to start the approval process.