CalculatorsiUse the sliders or click on the numbers below to edit your information.

How Much Can I Borrow?

• Affordability

  Annual Salary

  $70,000

  Interest Rate iThe standard rate always changes. 3-5% is a good place to start.

  5.7%

  Loan Term iThe shorter the term, the less interest you pay.

  10 15 20 25 30

  Monthly Debt iExisting loan payments like credit cards, car, student loans, etc.

  $630

  Property tax i$3k on average, but will change based on area.

  $1,050

  Home Insurance

  $800

  Maximum monthly
  housing payment (PITI) iPrinciple, interest, taxes & insurance. This rate is variable based on your location. We’re using a national average to estimate.

  $1,470

  Maximum monthly
  mortgage payment (PI) iJust Principle and interest, since taxes and insurance are variable.

  $1,315.83

  Maximum mortgage

  $188,183

  Apply Now
• Refinance

  Current Loan Amount

  $479,500

  Current Interest Rate

  5%

  Current Loan Term iThe shorter the term, the less interest you pay.

  10 15 20 25 30

  Origination Year

  2015

  New Loan Amount

  $365,000

  New Interest Rate iThe standard rate always changes. 3-5% is a good place to start.

  5.1%

  New Loan Term iStarting today.

  10 15 20 25 30

  Refinance Fees

  $6,500

  Monthly Savings

  $592

  New Monthly Payment

  $1,982

  Break Even ithis is the point the total savings will be more than the cost to refinance.

  12

  Lifetime Savings

  $72,874

  Is it Worth-while to Refinance?

  YES

  Apply Now
• How Much Should I Earn

  Desired Mortgage Amount

  $308,000

  Interest Rate iThe standard rate always changes. 3-5% is a good place to start.

  6.8%

  Loan Term iThe shorter the term, the less interest you pay.

  10 15 20 25 30

  Monthly Debt iExisting loan payments like credit cards, car, student loans, etc.

  $500

  Property tax i$3k on average, but will change based on area.

  $970

  Home Insurance

  $800

  Maximum monthly
  housing payment (PITI) iPrinciple, interest, taxes & insurance. This rate is variable based on your location. We’re using a national average to estimate.

  $4,121

  Maximum monthly
  mortgage payment (PI) iJust Principle and interest, since taxes and insurance are variable.

  $2,351

  Required Annual Income

  $176,614

  Apply Now