True monthly payment

The full PITI picture — principal, interest, taxes, insurance — plus HOA. The listing price never tells you this.

All-in monthly
$—

per month, everything included

Principal & interest—
Property taxes—
Insurance—
HOA—

What can I afford?

Uses the classic 28/36 rule lenders start from: housing under 28% of gross income, all debts under 36%.

Your comfortable range
$—

Estimated max home price

Monthly housing budget (28%)—
Room after other debts (36%)—
Estimated loan amount—
+ your down payment—

Assumes ~22% of your housing budget goes to taxes and insurance. A pre-approval will sharpen this into a real number.

Closing cost estimator

The check you write at the table beyond your down payment — typically 2–5% of the price. Here's the honest range, itemized.

Likely range
$—

estimated total closing costs

Lender fees (origination, underwriting)—
Title & escrow services—
Appraisal & inspections—
Prepaids (taxes, insurance, interest)—

Your Loan Estimate (delivered within 3 business days of applying) replaces this with exact figures. Some fees are shoppable — ask which.

Rent vs. buy

A simplified head-to-head over your time horizon: total cost of renting vs. owning, counting the equity you'd build.

Over your horizon
—

Total rent paid—
Total ownership outlay—
Equity + appreciation built—
Net cost of owning—

Ownership outlay includes payments, ~1.6%/yr taxes-insurance-upkeep, and ~8% buy/sell transaction costs. Simplified on purpose — the trend matters more than the decimals.

Temporary buydown (2-1, 1-0, 3-2-1)

A seller or builder credit pre-pays part of your interest, lowering the payment for the first years. See each year's payment and what the subsidy really costs.

Payment by year
$—

Total buydown cost (the credit needed)—
Same credit as a price cut would save—

Temporary buydowns are usually funded by seller or builder credits, not your cash. Compare against a permanent rate buy-down and a price reduction before choosing — your lender can price all three.

Cost of waiting

What does "we'll wait a year" actually cost if prices keep drifting up and rent keeps going out the door?

The price of patience
$—

Same house, later price—
Price increase—
Rent paid while waiting—
Monthly payment then vs. now—

Waiting is sometimes right — to save more, fix credit, or steady a job. This tool just makes the trade visible instead of invisible. Appreciation isn't guaranteed.

Cash to close

The actual check: down payment plus closing costs, minus what you've already put in and any credits.

Bring to the table
$—

estimated cash to close

Down payment—
+ Closing costs & prepaids—
− Earnest money (already in escrow)—
− Credits—

Your Closing Disclosure will state this to the penny. Funds usually must be wired or a cashier's check — verify wire instructions by phone, always.

FHA vs. conventional

The classic first-timer fork in the road, compared at the same price: FHA's easier entry vs. conventional's cancellable PMI.

Monthly, side by side
—

FHA: P&I + monthly MIP—
Conventional: P&I + PMI—
FHA upfront MIP (financed into loan)—

The long-game difference: conventional PMI cancels at ~20% equity, while FHA's MIP usually lasts the life of the loan when you put under 10% down — many FHA buyers later refinance out of it. Rates and MI factors vary; have a lender price both for you.

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