This calculator will help you to determine how much house you can afford and/or qualify for.
Complete or change the entry fields in the "Input" column of all three sections. The calculator will automatically recalculate anytime you press the Tab key after making a change to an input field.
Important Information from Chad Hendrix. Please read:
Please know that this calculator is just a tool to run some numbers with and get some ballpark payment ideas. If you are serious about buying a home, you need to speak with a mortgage lender or your bank and go from there. I, Chad Hendrix, have preferred lenders (they're preferred only because they do a wonderful job for our clients, not for any other reason) that I can connect you with. From there, you can just tell them that you've communicated with me, are considering a purchase, and would like to know more about the process and what you can qualify for. The lender will then talk about your job history, salary/commission structure, credit, and other things. Besides speaking with me, this is the BEST FIRST STEP in terms of the home buying process. Not only will you want to know what you CAN qualify for but also have someone that can help you calculate taxes, insurance, etc, to make sure that you have an accurate idea of what your payment will be so that it's also a 'comfortable' payment. And, if you can't qualify right now, they can help you get on the right path.
Fill out the following form if you'd like to be introduced, by me, to an incredible and no-pressure mortgage lender: