How much can you afford? By entering just a few pieces of information, you can find out what the total loan amount you can afford is, so you can set your price range for home shopping. Just fill in the information below to get started.

Please note that your actual payments may vary substantially from this estimate based on your actual mortgage product, interest rate, and term. This calculator is intended is for informational purposes only.


  1. Enter the number of years you plan to repay the loan over, also called the "loan term". Most mortgages terms are 30 or 15 years, though some lenders offer 25, 40, and other loan terms.
  2. Enter an interest rate. If you don't know what interest rate to enter, you can get a rate quote, or use the current average rates on the right.
  3. Enter the amount you can afford to pay each month.
  4. Click compute. The total amount you can afford to borrow will be displayed.

Affordability Calculator

Number of Years Years
Interest Rate
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Monthly Payment $


Your Affordable Amount: $

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Type of Loan

Mortgage Refinance
Home Equity Loan or Line
Debt Consolidation
New Home Loan

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Historical Federal Funds Rate

30-Year Fixed Rate -

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15-Year Fixed Rate -

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*National Rates