Buying Power
What kind of home could you realistically buy?
Move the sliders. Nothing is verified and nothing is submitted — this is a scenario, not a qualification.
Illustrative price
$381,000
Example scenario only
Est. monthly payment
$2,997
Principal, interest, taxes, insurance
Cash to close (est.)
$30,480
Down payment + ~3% costs
Right now your number is limited by monthly income.
Paying down or restructuring monthly debt tends to move this number faster than saving more cash.
How we calculated this
- Household income (monthly)
- $8,000Self-reported— Your own description. It has not been checked or pulled from a report.
- Other monthly debt
- $600Self-reported— Your own description. It has not been checked or pulled from a report.
- Cash available
- $40,000Self-reported— Your own description. It has not been checked or pulled from a report.
- Down payment
- 5%User provided— You entered this. We use it exactly as given.
- Rate assumption
- 6.65%Estimated— Modeled from published assumptions. It is not an appraisal, quote, or offer.
- Taxes
- 1.15% of price / yearEstimated— Modeled from published assumptions. It is not an appraisal, quote, or offer.
- Insurance
- 0.45% of price / yearEstimated— Modeled from published assumptions. It is not an appraisal, quote, or offer.
Method. We take the lower of two limits: what your income supports after other debts at a common debt-to-income guideline, and what your cash supports at a 5% down payment plus roughly 3% closing costs. The payment uses a 30-year fixed amortization at the assumed rate, plus estimated taxes, insurance, and mortgage insurance under 20% down.
What this isn't. It isn't a pre-approval, a qualification, a rate quote, or a commitment to lend. Nothing was verified and no credit was reviewed.
Data source: Your inputs plus published example assumptions
This is a planning estimate — not a mortgage approval or rate quote. Details
Results are modeled from the assumptions shown and the numbers you entered. Nothing has been verified, no credit was reviewed, and no lending decision has been made. Actual terms depend on a complete application and underwriting.
Disclosure version 2026.08 · effective 2026-08-01
Hypothetical rate assumption used to model this scenario — not a rate quote or offer. Details
The rate shown is a planning assumption you can change. It is not available pricing, is not locked, and is not an advertisement of specific credit terms. Real pricing comes from a licensed advisor after an application.
Disclosure version 2026.08 · effective 2026-08-01
Your actual rate, taxes, insurance and eligibility will differ. A licensed advisor can walk through what changes your number most.