Comfort before maximum
Mortgage affordability calculator
Estimate a planning range from income, debts, down payment, rate, taxes and insurance. This is not an underwriting approval.
Planning estimate
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How this estimate works
Uses a 43% planning debt-to-income ceiling, then estimates the price whose principal, interest, taxes and insurance fit the remaining monthly capacity. Actual limits, mortgage insurance and association dues can change the result.
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Before you act on the result
This tool is educational and does not evaluate credit, income documentation, assets, reserves, property eligibility, program limits or current pricing. It is not an approval, rate quote, commitment to lend or Loan Estimate. Use current lender terms and verified property information for a real decision.
Frequently asked questions
Is this my maximum approval?
No. It is a planning estimate using the inputs shown. Actual qualification also depends on credit, documentation, property, program limits and underwriting.
Why include taxes and insurance?
They are part of the total housing expense and can materially change a comfortable price range.
Should I borrow the maximum shown?
Not necessarily. Leave room for savings, repairs, lifestyle and financial goals that an underwriting ratio does not measure.
Accuracy and licensing noteProgram details vary by borrower, property, location and date. Confirm current LMCU terms, property-state availability, licensing and eligibility before making a financing decision. All loans are subject to credit and property approval.
A clear next step
Your situation deserves more than a generic answer.
Talk through the numbers, timing and tradeoffs with Matt before you commit.