Affordability Calculator

Estimate your loan preapproval amount based on your income and expenses.

Estimate how much home you can afford

$
Enter your annual income before taxes. Self employed? Average the last 2 years.

Annual Income Line Item Breakdown

Wages, Salary, or Self-Employment Earnings
$
Commissions, Overtime, or Bonuses
$
Allimony and Child Support Income
$
Interest earnings, brokerage accounts, stocks, etc.
$
any additional income
$
$
Enter the monthly total you pay for debts like car payments, credit card minimums or student loans. This does not include current rent or mortgage payments.

Monthly Debt Line Item Breakdown

car payments, auto insurance, car repairs, and maintenance.
$
monthly spend on groceries, carry out, and eating out.
$
$
$
$
$
$
$
Enter your down payment amount
Select your credit score range
%
A home price up to
$ 261,555
would be affordable with this budget.
%
Affordable
Risky
DTI (Debt to Income ratio) is the ratio of your major monthly debt payments to your gross monthly income. A DTI ratio greater than 41 percent can require closer scrutiny.

Monthly Budget Breakdown:

  • $5,417
  • $1,000
  • $1,590
  • $2,827 This is your remaining gross monthly income after making your major monthly debt payments, including the new mortgage. For the purposes of savings and additional expenses, remember this is a pre-tax figure that doesn’t reflect your monthly net income.
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What people say about how Cazle helped them.

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I have financed many home loans and I can honestly say Gordon and Cazle Mortgage was my best experience. Most companies have you doing most of the legwork, but Gordon made it easy.
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I had a fantastic experience with Cazle Mortgage! Their knowledgeable team provided exceptional service, guiding me through the process with ease.
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Wow!!! What a great experience! I've purchased my home last year during the very beginning of pandemic and had to "bite a bullet" at the time of closing because my FHA mortgage rate jumped overnight.
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I had a very difficult mortgage situation where I attempted to refinance through 10 different banks, and Cazle Mortgage was the only one who was able to resolve my issue.
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I have financed many home loans and I can honestly say Gordon and Cazle Mortgage was my best experience. Most companies have you doing most of the legwork, but Gordon made it easy.
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I had a fantastic experience with Cazle Mortgage! Their knowledgeable team provided exceptional service, guiding me through the process with ease.

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