Maximum Mortgage Calculator

This page will calculate the most expensive house you can afford based on your income and other factors.

* The percentage of your pre-tax income you are able to spend on housing. 39% is the standard amount.

Yearly Income (before tax)
Down Payment($)
Interest Rate(%)
Amortization
Percent of Income for Housing (%)*


 

Knowing your maximum mortgage amount can be extremely useful when you are looking to buy a property. It will help to keep your expectations realistic, especially if you are searching in a hot housing market.

The calculations used on this page are based on the best available information at the time it was last updated/published. The accuracy of the results depends on the information that you enter. If you have questions about how the maximum amount is calculated, or would like a complimentary assessment that takes into account more factors, contact our team to start a conversation today.

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