The figures entered on the input page of this calculator are for hypothetical purposes only. You should enter figures that are appropriate to your individual situation. The results provided by this calculator are also intended for illustrative purposes only. You should not rely upon these figures as accuracy is not guaranteed and products may not be available for your situation.

Renter Mortgage Affordability Calculator V2
This calculator will estimate the size of a mortgage you could afford based on the size of your monthly rent payment, the downpayment you could afford, and on the anticipated property taxes and homeowner's insurance.
Enter your monthly rent payment:
Enter the anticipated mortgage interest rate:
Enter the term of the mortgage (years):
Enter the anticipated annual property taxes:
Enter the anticipated annual insurance:

Downpayment %	0%	5%	10%
The size mortgage you could afford:
Down payment amount:
Price of home: