The same math lenders actually underwrite to — DTI ceilings, break-even periods, full PITI. And when you're ready, a vetted loan officer is one click away.
Monthly payment
Plug in a home price, down payment, rate, and term — we'll split the payment into principal, interest, tax, and insurance so you see the real monthly cost.
$3,225/mo
$500,000 home · $100,000 down · 80% LTV · 30-yr Conventional
This is an estimate. Numbers here are for educational planning only and aren't a loan offer, rate lock, quote, or commitment to lend. Your actual rate, payment, and costs depend on a credit pull, income and asset documentation, the home's appraisal, and an underwriting decision by a licensed loan officer.
Default rate is sourced from the most recent Freddie Mac Primary Mortgage Market Survey snapshot. Default property tax (1.1% of value) is the U.S. effective average per the Tax Foundation; default homeowners insurance (0.35% of value) is the national average per the Insurance Information Institute. Mortgage-insurance defaults reflect typical agency rates and will differ by lender, credit, and LTV. Read the full breakdown in our Learning Center.
Finanzo, Inc. NMLS #2586810. Equal Housing Opportunity. We don't fund loans — we connect you to vetted, NMLS-registered loan officers who do.
Next step
Run the same math in front of a licensed LO — they'll verify income, pull credit, and hand you a letter you can attach to offers.
How much home can I afford?
We use the same DTI math lenders underwrite to — front-end and back-end — so your estimate here survives contact with an actual loan officer.
You can likely afford up to
$397,806
At 6.880% on a 30-yr fixed, with 10% down ($39,781) — monthly housing about $2,801.
Principal & interest
$2,353/mo
Tax (est. 1.0%)
$332/mo
Insurance (est. 0.35%)
$116/mo
Car loans, student loans, minimum CC payments.
Estimates assume 1.0% property tax and 0.35% home insurance. Your actual ceiling depends on credit, reserves, property type, and the lender's guidelines. A licensed loan officer can give you a pre-approval letter in 24–48 hours.
Next step
A pre-approval is the only way to get a dollar-exact purchase price in hand. We'll route you to LOs licensed in your state.
Refinance break-even
Rate drops are only part of the story. Closing costs, remaining term, and how long you plan to stay in the home decide whether a refi pays off — this calculator does the full net math.
$452
13.3 mo
$53,112
Your current loan
$2,883/mo
7.500% · 27-yr fixed
After refinance
$2,430/mo
6.125% · 30-yr fixed
Include points, lender fees, and 3rd-party costs.
Next step
We'll route your refi scenario to LOs who'll quote it the same day — no commitment required.
Pre-approval
Running the math is step one. A pre-approval letter — the thing listing agents want attached to your offer — only comes from a licensed loan officer after a real review of your income, assets, and credit.
The LO collects documents via secure upload, runs credit, and issues the letter. For clean W-2 buyers it's often same-day.
Jump to another calculator
Learning Center
Mortgages aren't complicated, they're just full of jargon. Our Learning Center breaks it all down in plain English — how P&I works, the real difference between Conventional, FHA, VA, and USDA loans, what actually affects your rate, how DTI is calculated, what closing costs you'll really pay, and exactly what happens between offer and keys-in-hand.
