Use this tool to estimate how much mortgage you might afford:

  • Annual Income: Enter your yearly earnings.
  • Monthly Debts: Include all your monthly payments (e.g., car loans, credit cards) except the mortgage.
  • Down Payment: Input how much you plan to pay upfront.
  • Interest Rate: The expected mortgage rate in percentage.
  • Loan Term: How many years you’ll take to pay off the loan.

After filling in these details, click “Calculate” to see an approximate mortgage amount you can afford. Remember, this is a basic estimate; consult with a financial advisor for precise advice.