Tools
Affordability
Estimate a budget with income and housing costs.
Illustrative maximum purchase price$724,429
Mortgage including insurance$643,787
Qualification rate6.49%
Monthly mortgage budget at qualifying rate$4,308
Review with Ashab Uses 25-year amortization, a qualification rate of the greater of 5.25% or contract rate plus 2%, 39% housing and 44% total-debt ratios, and 50% of condo fees. Includes estimated default insurance and minimum down-payment constraints. Lender rules, credit, property and program eligibility may produce a different result. This is not pre-approval.