How much Mortgage can I afford?
When shopping for a new home, it can be helpful to have a good understanding of how much you can afford. Many factors can affect mortgage eligibility like employment income, existing payments, other monthly expenses, and how much you have saved for a down payment.
Use our affordability calculator to get a quick estimate to determine the amount you might obtain for a mortgage loan.
Disclaimer:
The information contained and displayed on this website is solely for estimation purposes and offers a range of home prices you may be able to afford. It may not necessarily reflect the actual affordability amounts or terms of a mortgage. Always use a mortgage broker or lender to determine and obtain specific payment amount eligibility and financial advice. New home purchases include other fees required at closing/occupancy. Fees may vary. Please speak to a Sales Representative for more details. Calculations are based on numbers for the USA market. Minto Communities and its affiliated companies assume no liability for the accuracy of the information displayed on this page.