Renter Mortgage Affordability Calculator

If you are a renter and have ever wondered how much of a mortgage you could afford if you were to buy your own home, we have a tool for you. This calculator will estimate the size of a mortgage you could afford based on the size of your monthly rent payment, the downpayment you could afford, and on the anticipated property taxes and homeowner's insurance.

Enter your monthly rent payment:
Enter the anticipated mortgage interest rate:
Enter the term of the mortgage (years):
Enter the anticipated annual property taxes:
Enter the anticipated annual insurance:
Downpayment % 0% 5% 10%
The size mortgage you could afford:
Down payment amount:
Price of home:

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