Loan Offerings Mortgage Rates References Account About Us You are here: Calculators Affordability Calculator Home affordability calculator Use our free home affordability calculator to help estimate how much you might be able to afford. Change the default values to make the results more personal to you. How much home can you afford? When you’re thinking about buying a home, figuring out how much you can afford is a great first step. Use our home affordability calculator to get an estimate! All fields are required. ANNUAL GROSS INCOME MONTHLY DEBT PAYMENTS DOWN PAYMENT LOAN TERM (YEARS) INTEREST RATE TAXES & INSURANCE This calculator is made available as a self-help tool for your personal use. We do not guarantee its accuracy or applicability to your individual circumstances. Resulting calculations are for illustrative and informational purposes only and are not intended as investment or financial advice. Consult a qualified financial advisor before making important personal finance decisions. To get a better understanding of the benefits of buying a home, speak with a loan advisor at Freedom Mortgage. GET YOUR ESTIMATE You can afford a home worth up to $270,000 With a monthly payment of $1,400 Talk to Freedom Mortgage about home affordability today GET STARTED OR Call us: 855-799-2679 About home affordability When you are thinking about shopping for a new home, understanding how much you can afford is a great place to start. That’s why we offer this free home affordability calculator. Our calculator will help you estimate the price of homes that fit within your budget. Keep in mind the calculator just provides a general estimate. To get a better sense of how much home you can afford, consider getting pre-qualified or pre-approved for a loan with Freedom Mortgage. Pre-qualifying is a simpler process than pre-approval. We’ll give you an estimate of how much home you might be able to afford based on the answers to financial questions we ask. Pre-approval will require you to provide us with financial documents so we can estimate a mortgage amount we are likely to approve. Pre-approval can give you a more precise estimate of the home prices you can afford and can help make your offer attractive to sellers, because they will have confidence you will be approved for a mortgage to buy their homes! Our home affordability calculator uses your annual gross income as the starting point for its estimate. Then it takes into account these important financial factors. Monthly debt payments Down payment Term Interest rate Property taxes and homeowners insurance Contact Us 855-690-5900 Contact our Customer Care team Experiencing financial difficulties? We’re here to help you. Account Log In New Customers Pay My Mortgage Register My Account COVID 19 Information About Us Who We Are In the Community Careers Loan Types Conventional Loans FHA Loans VA Loans USDA Loans Divisions Correspondent Lending Wholesale Services Roundpoint Traditional Retail 951 Yamato Road, Boca Raton, FL 33431 United States | Lender NMLS ID: 2767. NMLS Consumer Access. Equal Housing Opportunity. Legal Disclosures | Privacy Policy | California Privacy Notice | Terms and Conditions | State Licensing | © Freedom Mortgage Corporation.