Mortgage Affordability Calculator
The mortgage affordability calculator of the Realestate Motto is easy to use. Enter your annual income, monthly debt expenses, desired down payment, interest rate, and loan term, and the calculator will estimate the maximum monthly mortgage payment you can afford.
Let’s Start and Calculate
The results provided by the mortgage affordability calculator are based on the information you input and certain estimates and assumptions that underlie the pre-filled amounts.
The calculation assumes that the interest rates will remain constant throughout the loan term, which may not necessarily be true. Actual interest rates may vary over time and can impact the amount of money you are eligible to borrow.
It is important to remember that the calculator provides estimates and that your actual mortgage affordability may differ from the results presented.