Six numbers worth knowing before you apply.
Each one returns a plain verdict, not just a figure. No sign-up, no email gate, no credit pull.
How much house can I actually afford?
Not what you technically qualify for — what fits. Enter your income and debts and this works backwards to a purchase price.
Before tax, all borrowers combined.
Car, student loans, credit card minimums, child support. Not rent.
43% is the common conventional limit. Some programs stretch to 50%, but borrowing to the ceiling means every month is tight. Drag it down to see what comfortable looks like.
Local costs (pre-filled)
What will the payment actually be?
The whole payment — taxes, insurance, HOA and mortgage insurance included. Not the number in the advert.
Should I buy points?
Only if you keep the loan past the break-even. This tells you which month that is, so you can compare it against how long you actually plan to stay.
One point = 1% of the loan amount. Your Loan Estimate shows this in section A.
Be honest. Median US homeowner tenure is roughly 11–13 years, but most people refinance sooner.
Is refinancing worth it?
A refinance that never pays back its closing costs is just a fee. This shows the month it turns positive.
Principal and interest only — exclude escrow.
Rolling costs into the loan does not make them free — it just moves where you pay them.
Rent or buy?
Buying is not automatically better. Over a short horizon, transaction costs usually beat any equity you build.
Assumptions (adjustable)
Also assumed: 1.2% property tax, 0.4% insurance, 1% annual maintenance, and 7% total cost to sell (agent commissions plus closing).
How much cash do I need to close?
The down payment is not the whole number. This is the figure that surprises first-time buyers.
Negotiated seller concessions or lender credits taken in exchange for a higher rate.
Credited back to you at closing, so it reduces what you wire on the day.
Numbers done. Ready when you are.
The application takes about fifteen minutes and does not lock you into anything.
No cost to apply · No obligation · Soft credit options available · NMLS 2705737