Important Disclosure
This calculator is for illustration purposes and as a reference only. It does not constitute a commitment to lend, and it does not mean your loan will be approved. The numbers in this calculator are based on assumptions that may or may not apply to your particular situation.
Finance West
Interactive Mortgage Affordability Tool

Affordability Calculator

Help borrowers see how income, debt, down payment, rate, taxes, insurance, and loan-program guidelines affect home-buying power.

Estimated Affordable Price
$0
Income & Monthly Debts
Enter borrower income and recurring monthly liabilities.
$
Primary borrower gross monthly income
$
$
Bonuses, rental, side income, etc.
$
Credit cards, auto loans, student loans
Loan Program
Loan Scenario
Total Housing Expense below is the actual monthly payment for the active price scenario.
$
Leave at $0 to use the affordable home price.
Down Payment
Key Affordability Input
$
%
%
Default set to 1.25% annually
$
$
Total Housing Expense
$0
Max allowable monthly housing payment: $0
using Affordable Home Price
Payments exceed the maximum allowable monthly housing payment.
Results Snapshot
A clear borrower-friendly summary for consultations.
Loan Program: Conforming  ·  Front DTI: 45%  ·  Back DTI: 45%
Estimated Affordable Home Price
$0
This value is capped so it does not exceed the maximum allowable monthly housing payment.
Monthly P&I $0
Monthly Tax $0
Monthly Insurance $0
Monthly HOA $0
Mortgage Insurance $0
Total Housing Expense $0
What If Analysis
Show buyers how more income or more debt changes purchasing power.
$
New Affordable Price
$0
Change: $0
Finance West Lending
This is a free tool provided to you by Finance West Lending. Call us today to discuss your home purchase pre-approval.
Stephan Wiederkehr
Phone: 310-873-9039
Email: stephan@fiwest.com
Address: 24445 Hawthorne Blvd #201, Torrance CA 90505
Licenses: DRE 01330045 · NMLS 302286
Get Pre-Approved Today →