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Renter Mortgage Affordability Calculator


This calculator will help you estimate the size of a mortgage you can afford based on the size of your monthly rent payment, the downpayment you could afford, and on the anticipated property taxes and homeowner's insurance. This is a very useful mortgage calculator to help you determine exactly how much of a mortgage loan you most likely will qualify for.


Your Rent Information & Mortgage Scenario:
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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