This home affordability calculator will
help you determine how much of a mortgage loan you can afford
to take out in the 3 repayment periods (15 years, 20 years
or 30 years). It asks you for the monthly payment you can
afford and its applicable interest rate. Below is a typical
input/output derived from the calculator:
refinance calculator
Monthly Payment 
$2000 
Interest Rate (APR) 
5% 
Repayment Period 
15 years 
Sample Output
Loan amount you can afford: 
$252,910.49 
