How It Works: Enter your Maximum Purchase Price (the highest home price you are considering) and your Target Monthly Payment (the maximum you can afford per month). The calculator generates a series of loan amounts (in $25,000 decrements) and computes your estimated monthly payment (PMT) for each interest rate.

Reading the Results: Each row represents an interest rate (listed vertically on the left). The cells in each row show the estimated monthly payment for the corresponding loan amount. Boxes highlighted in green indicate the payment is below your target, with the dollar amount displayed in black.

All estimates assume a 30-year loan term.