This mortgage calculator calculates the approximate maximum monthly mortgage you can afford based on your income, expenses and interest rate, and determines an approximate amount for the monthly payment.

Simply enter your annual income, expenses and an estimated interest rate. Press "Compute Maximum Mortgage and Payment" and you will get an estimate of approximately how much you can afford, and what the monthly payment would be.

1. Annual Family Income:
2. Annual Property Taxes:
3. Monthly Heating Costs/Condo Fees:
4. Minimum Monthly Payments Loans/Credit Cards:
5. Monthly Secondary Financing Payment:
6. Interest Rate: (view rates)
Approximate Maximum Mortgage Approximate Monthly Payment