The mortgage calculator below is provided to give you an idea of what your monthly payments might be given a particular purchase price, with certain loan amounts and at different interest rates. This calculator should be used as a guideline only. Because the actual amount you might qualify depends on many aspects: income, debt ratios and your credit rating. The best thing to do in order to determine exactly how much you can afford to spend is to contact a lender. A loan officer at a bank or mortgage company will be able to serve you better in this regard and answer any mortgage questions you might have. They will also be able to tell you about specific loan programs available for your specific needs.
When entering information, do not use dollar or percent signs, commas or spaces. The accuracy and applicability of this calculator are not guaranteed.