Abodefy Mortgage Calculator

The Abodefy Mortgage Calculator helps you find out an affordable budget for your new home

Easy to use, just enter your salary, how much you have saved for a down payment, and any debt payments.

Advanced mode let's you set a credit score, interest rate and loan term.

This expanded setting will include additional fields to closer define your loan needs and payment amount.
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$
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You can afford a house up to

$248,596

Monthly Payment
This is the total payment, including mortgage, mortgage insurance, HOA fees, and property tax that will fit the affordability index target of 36%.

$1,116

DTI Ratio
Your Debt-to-Income (DTI) ratio is crucial for lenders assessing your loan affordability. A DTI of 36% or below is ideal, signaling a good balance of debt to income. DTIs between 36% and 43% are acceptable but higher risk, while above 43% may hinder loan approval.

36%

Mortgage Amount

$233,596
Affordable
Not Affordable

This calculator is illustrative, but your unique situation will best be served by seeking out a purchase budget pre-approval from a reputable mortgage provider. First Choice Lending Group can provide you an approval within 48hrs.

When you are comfortable with your budget, try out map search for Houston, Dallas-Fort Worth and San Antonio.

Houston Area Listings
Dallas - Fort Worth Listings
San Antonio New Braunfels Listings


If you want the most personalized home search, try our Picky Picky game.

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