Calculator center
Run the numbers before anyone runs them for you
Every calculation is an educational estimate. Lender approval and comfortable affordability are not always the same thing.
Mortgage payment
%
yrs
%/yr
- Loan amount
- $300,000
- Loan-to-value
- 100.0%
- Principal & interest
- $1,896
- Taxes + insurance
- $325
- Mortgage insurance
- $125
- Estimated total payment
- $2,346
- Total interest over term
- $382,633
Estimate only. Actual costs, rates, taxes, insurance, loan terms, and program requirements will vary.
What this means
- These numbers show a realistic planning range, not an approval. Underwriting uses verified income, verified debts, current rates, and property-specific costs.
What to do next
- Write down the payment you are comfortable with, not just the maximum.
- Reduce a monthly debt payment and re-run the DTI calculator.
- Build a separate savings goal for closing costs and reserves.
Questions to ask
- What DTI limit applies to the program you are recommending?
- What rate and term did you use for this estimate?
- What taxes and insurance figures did you use for this property?
Documents to gather
- Pay stubs
- Debt statements
- Property tax record
- Insurance quote