Buying a home is the largest purchase of a lifetime for most people. It is a decision worthy of research and due diligence.  The mortgage loan is the single most important component of the transaction.  Select a lender and loan terms that meet your needs.  Click here for more information on loans.

The tools below can help you to determine ‘how much house you can afford’. It is essential that you not exceed your ‘financial comfort zone’ when selecting a home to purchase.  Consult with your financial advisor, real estate professional and your tax preparer to confirm your final estimates and conclusions.

Affordability Calculator
With the information you provide, you will receive a general estimate of how much you can afford to spend on a house.

Loan Estimator Calculator
This calculator gives estimates for FHA, VA and Conventional loans based on the home sale price you provide.

Source: Ginniemae.gov. These calculations are estimates only. You should always seek the guidance of financial or tax experts before making any buying decisions.