Mortgage Calculator

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.

Purchase Information

Purchase Price:

Down Payment Percent:

Down Payment Amount:

Loan Amount:

Annual Interest Rate:

Length of the Mortgage in Years:

Payment Information

Monthly Principal & Interest Payment:

Annual Property Taxes:

Monthly Property Taxes:

Annual Insurance:

Monthly Insurance:

Annual PMI:

Monthly PMI:

Monthly Association Fees:

Monthly Payment (PITI):

Tax Deductable Portion of Payment:

Qualifying Information

Gross Income:

Monthly Debt Payments:

Qualify For Loan?

Maximum Qualifying Loan Amount:

Current Payment to Income Ratio (max approx. 40%):

Current Debt to Income Ratio (max approx. 50%):

Create Amortization Schedule

Longer term loans may take a few moments for the report to be generated.

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Selling Your Home?

If you are considering selling a home in the Louisville area, contact us first to get a free valuation and market analysis.

Louisville Market News

Thursday, March 5, 2020

A First-time Buyer’s Guide to the Open House

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