Renter Mortgage Affordability Analysis
Most people will actually qualify for more of a home mortgage loan than the present rent that they pay. However you can estimate the equivalent mortgage payment based on the rent that you are paying.

Renter Mortgage Affordability Calculator

Estimate the size of a home mortgage loan you could afford based on the size of your monthly rent payment, the down payment you could afford, and on the anticipated property taxes and homeowner's insurance.
Enter your monthly rent payment:
Enter the anticipated mortgage interest rate:
Enter the term of the mortgage (years):
Enter the anticipated annual property taxes:
Enter the anticipated annual insurance:
Downpayment % 0% 5% 10%
The size mortgage you could afford:
Down payment amount:
Price of home:


 

 

 

 

 

 

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