How Much House Can You Afford?

This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.

Purchase & Financing Information

Show me the calculations and amortization

Chad Hendrix, Charlotte real estate agentHi, I'm Chad Hendrix, owner of Hendrix Properties. Whether you're just browsing or seriously looking to move, I hope you'll feel free to reach out to me sooner rather than later. I'd love the opportunity to be your agent long before you actually need one. Call or text anytime you'd like at 704-737-4400 -Chad Hendrix


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