Affordability calculator
Start from the payment you want
Choose a monthly payment that feels right and see the loan amount that fits it.
Many buyers start with a number in their head for the monthly payment. This calculator works backward from it. Add the rate your lender quotes and your best guess for taxes and insurance.
Everything included: loan, taxes, insurance, HOA and mortgage insurance.
Enter the rate your lender quotes you.
Optional. Use a figure for the kind of home you are considering.
Optional.
Optional.
Optional. Your lender tells you if it applies.
Enter the monthly payment you are comfortable with and an interest rate to see the loan amount that fits.
This shows a loan amount, not a purchase price or a loan approval. How much you can borrow depends on your income, debts, credit and the lender, so a pre-approval gives you the real answer.
Today's mortgage rates
This chart comes from my preferred lender, Clarity Home Lending. Use it to see where rates are today, then plug a rate into the calculator above.
These are market rates, not a quote or an offer to lend. Your rate depends on your credit, your loan and the day you lock. Ask a lender for a Loan Estimate to see your own number.
Ready to talk to a lender?
I know and trust two loan officers at Clarity Home Lending. You are free to use any lender you like. Choose one, apply online, and I will work with whoever you pick.
Greg Pope
President and Senior Loan Officer, Clarity Home Lending
NMLS 621901 · Clarity Home Lending NMLS 2527964
(972) 210-9264
Apply with GregCarrie Ehlert
Loan Officer, Clarity Home Lending
NMLS 1626577 · Clarity Home Lending NMLS 2527964
(469) 258-3582
Apply with CarrieClarity Home Lending is an independent mortgage lender, and I am a real estate agent, not a lender. The links above open the lender's own application, which is a separate website with its own terms and privacy policy.
Hi, I'm Omega Mejia.
I help people across Collin County make their next move with confidence. Got a question, or a house you're curious about? I'd love to hear about it.
Keep exploring
Ready to make your move with Omega Mejia?