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..Estimate The Maximum Price You Can Pay For A Home.. by entering interest rate, income, and other data ( NOTE: click here to see one sample of current interest rates ) |
![]() * the calculator below is simply included to give you an initial-guess about how much home you may be able to buy * your income, current debts, the interest rate you can get and other factors will all come into play in order to find the actual amount * the following calculator will have numbers for mortgage-to-income ratio and total-debt-to-income ratio. Different loans have different requirements concerning those numbers. Check with your loan officer about that. A "text book" figure for those numbers is often 28 & 36%. But yours could be different Note: If you are going for a zero down loan, make sure you enter zero in the down payment box. If you need a sample of current average interest rates, click the link near the top of this page. "Affordability" (estimating how-much you can pay for a house) |