Tools

Monthly payment

Mortgage amount ($) Rate (%) Amortization (years) Calculate

Rough purchase range

Uses 44% of gross monthly income minus other monthly debts. Lenders also run a stress test.

Gross household income / year ($) Other monthly debts ($) Down payment ($) Rate (%) Amortization (years) Estimate range

Equity room

Simple value × LTV minus current balance. Fees and penalties are extra.

Estimated home value ($) Current mortgage balance ($) Target LTV (%) Estimate room

Debt consolidation sketch

Compares current minimums with a new mortgage-style payment on the same balances.

Unsecured debts to roll in ($) Current minimums / month ($) Estimated new rate (%) Amortization (years) Compare