Home affordability calculator

Home price

Not entered

Down payment

$30,000

Loan amount

Not available yet

Program / term

CONVENTIONAL / 360 months

ZIP

85718

Annual property taxes

Not available yet

Annual homeowners insurance

Not available yet

Estimated prepaids (excluding unknown tax proration)

Not available yet

Estimated initial escrow allowance

Not available yet

Closing date

Not assumed

First payment date

Not assumed

Taxes: Not available yet · ZIP estimate unavailable. Insurance: Not available yet · ZIP estimate unavailable.

Tax estimate basis: Annual property cost. Insurance estimate basis: Annual property cost.

Snapshot mortgage-cost-snapshot-v1 · . Cost policy 2.1.0: unsupported.

• Planning estimates are not a loan offer, lender quote, settlement statement or program-eligibility decision.
• This estimate assumes lender-paid loan-originator compensation, with $0 charged to the borrower for that compensation. It adds no borrower closing cost or APR finance charge. Other origination and lender fees may still apply.
• Zero discount points, lender credits and seller credits are hypothetical defaults unless a known amount is entered. The entered scenario rate is not a quote available at zero points.
• Planning timing: one hypothetical advance on the first day of a month, first payment on the first day of the following month and regular fixed-rate, fully amortizing monthly payments. Your buying timeframe is not a contractual closing date.
• Separate odd-day prepaid interest is $0 only in this regular-period model. Actual closing timing can change prepaid interest and cash needed; actual-date APR is unsupported.
• Estimated initial escrow allowance: four monthly tax amounts plus two monthly homeowners-insurance amounts, with no extra cushion. Actual deposit depends on bill dates and lender/servicer analysis; this is not an actual escrow analysis.
• Unknown contract-specific property-tax proration is not included. This is not a verified $0 settlement adjustment; actual contract terms can change cash needed.
• The versioned NEXA reference worksheet supplies hypothetical borrower-paid planning fees; actual charges vary by transaction and provider.
• The optional owner's title policy is omitted by default. Additional unknown or unclassified charges cannot use real-estate exclusions without review.
• Unknown costs are not zero. The known-cost subtotal is not a complete closing-cost estimate.
• Purchase planning uses the existing annual ZIP-based homeowners-insurance estimate once as the first-year premium. The monthly housing-budget amount is annual premium divided by 12; two monthly amounts separately fund the future-insurance escrow allowance. No insurer quote or actual bill calendar is implied.
• Financed costs and amounts already paid are portions of the same cost, counted only once.
• Credits and deposits are included only when entered; gifts and assistance explain the source of remaining cash rather than reducing transaction costs.
• Published program schedules and disclosed hypothetical assumptions are used only within their supported scope. No actual closing date, VA exemption, extra escrow cushion or eligibility approval is inferred.

APR calculation

APR unavailable with these inputs.

• Enter a positive home price.
• A valid scenario date is required.
• Financed cost rules do not produce a valid loan principal.
• Enter a finite, nonnegative scenario interest rate.
• Enter a recognized ZIP or an annual property-tax amount.
• Enter a recognized ZIP or an annual homeowners-insurance amount.
• The planning policy is not active for this scenario date.
• The applicable NEXA lender fee profile is not established. Unknown origination, processing, underwriting and other lender charges are not assumed zero; estimated APR is unavailable until that profile is confirmed.
• Origination fee has unresolved APR treatment.
• Discount points has unresolved APR treatment.
• Other lender charges has unresolved APR treatment.
• Additional title, appraisal and initial credit-report services has unresolved APR treatment.
• Additional recording and government charges has unresolved APR treatment.
• Separate odd-day prepaid interest has unresolved APR treatment.
• Estimated first-year homeowners insurance premium has unresolved APR treatment.
• Contract-specific property-tax proration (not included) has unresolved APR treatment.
• Estimated initial escrow allowance — property taxes has unresolved APR treatment.
• Estimated initial escrow allowance — homeowners insurance has unresolved APR treatment.
• Other closing costs has unresolved APR treatment.
• Underwriting has unresolved APR treatment.
• Processing has unresolved APR treatment.
• Appraisal has unresolved APR treatment.
• Credit report has unresolved APR treatment.
• Flood certificate has unresolved APR treatment.
• MERS registration has unresolved APR treatment.
• Tax service has unresolved APR treatment.
• Verification of employment has unresolved APR treatment.
• Borrower closing protection letter has unresolved APR treatment.
• Lender closing protection letter has unresolved APR treatment.
• Lender title endorsement has unresolved APR treatment.
• Lender title insurance has unresolved APR treatment.
• Settlement / closing has unresolved APR treatment.
• Deed recording has unresolved APR treatment.
• Mortgage recording has unresolved APR treatment.
• Owner's title insurance (optional) has unresolved APR treatment.
• Closing and first-payment timing are not established for the supported APR model.
• A complete mortgage-insurance/program charge schedule is needed for APR.

Monthly planning limit: $2,240. Planning housing / total-debt ratios: 28% / 36%. These set a planning budget, not a qualification limit or approval. Taxes and insurance use shared ZIP estimates.