Purchase price calculator
See what a home really costs you each month.
Pick a home price and compare three ways to finance it, with the monthly payment and the income you would need to qualify.
Switch to the maximum mortgage calculatorThe home
Choose a financing option
Your monthly payment
Minimum Down · Insured · 25-Year$3,839/mo
Income needed
$174,075/yr
to pass the stress test
Mortgage amount
$728,000
incl. $28,000 insurance
The breakdown
Home price
$750,000
Down payment (6.7%)
$50,000
Mortgage insurance
$28,000
Rate · amortization
3.99% · 25 yrs
Monthly payment by option
Not sure which option fits?
A licensed broker can compare these scenarios against real lender rates. Free, no obligation.
Rates, down payments and ratios shown are examples you can edit, not rate offers. Stress-tested at your rate + 2% (floor 5.25%). Property tax (~0.85%/yr) and $150/mo heat are included in the qualifying calculation. Homes over $1.5M require at least 20% down and cannot be insured.