Loan Calculators
How Much House Can You Really Afford?
This detailed mortgage affordability calculator goes far beyond a basic monthly payment estimate. Enter the purchase price, down payment, interest rate, property taxes, insurance, household income and monthly debts to see your estimated mortgage payment, front-end and back-end debt-to-income ratios, and maximum purchase price based on traditional lending guidelines. The calculator also estimates federal, New York State and applicable Yonkers taxes, monthly take-home pay, household living expenses and the effect of homeownership on your actual monthly budget. Change any figure at any time to instantly see how a different purchase price, tax bill, interest rate, down payment or household expense affects what you can comfortably afford.
Loan Payment Calculator
Your Real Monthly Financial Picture
What does this home actually do to your monthly financial life? All figures update automatically as information is entered.
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Loan Information
Enter the purchase and financing information below.
Down Payment
OR
Enter either one. The other amount calculates automatically.
Amount Financed
Purchase price less down payment
$0.00
Taxes & Property Costs
YOUR MONTHLY PICTURE
Estimated Monthly Housing Payment
Total Estimated Monthly Payment
$0.00
Monthly Payment Breakdown
Principal & Interest
$0.00
Property Taxes
$0.00
Homeowners Insurance
$0.00
HOA / Common Charges
$0.00
Estimated PMI
0.50% annual estimate below 20% down
$0.00
PMI will be estimated automatically when the down payment is less than 20%.
Purchase Price
$0.00
Down Payment
0.00% — $0.00
Amount Financed
$0.00
Buyer's Estimated Closing Costs
Enter the transaction-specific costs directly below. Items that can be estimated from the information already entered are calculated automatically. Real estate tax escrow is conservatively estimated at six months, or 50% of the annual tax bill.
| Estimated Closing Cost | Entry / Selection | Estimated Amount |
|---|---|---|
| Points | $0.00 | |
| Real Estate Tax Escrow — 6 Months | Automatic — 50% of annual taxes | $0.00 |
| Your Attorney | Entered Amount | |
| Bank Attorney | Entered Amount | |
| Owner's Title Insurance | Automatic — based on purchase price | $0.00 |
| Municipal / Additional Searches | Automatic — Westchester estimate | $0.00 |
| Inspection | Entered Amount | |
| Appraisal | Entered Amount | |
| Bank Application Fee | Entered Amount | |
| Homeowners Insurance at Closing | Automatic — annual insurance entered above | $0.00 |
| Filing Fees | Entered Amount | |
| Board Fees | Entered Amount | |
| Mortgage Recording Tax | $0.00 | |
| Other Closing Costs | Entered Amount | |
| First Month's Interest | Automatic — full-month estimate | $0.00 |
| Total Estimated Closing Costs | $0.00 | |
| Down Payment | 0.00% of purchase price | $0.00 |
| Estimated Total Cash Needed to Close | Down Payment + Closing Costs | $0.00 |
PMI is treated as a monthly housing expense rather than a generic closing cost.
Automatic figures are estimates. Actual escrow requirements, title charges,
municipal searches, lender fees, prepaid interest and mortgage recording taxes
can vary by lender, municipality, property and transaction.
Debt-to-Income Analysis
Calculated Gross Monthly Income
$0.00
Your Current DTI
Housing Payment Including PMI
$0.00
Other Monthly Debt$0.00
Total Monthly Debt$0.00
Gross Monthly Income$0.00
Before-Tax DTI0.00%
After-Tax DTI0.00%
Estimated 2026 Tax & Take-Home Pay
Annual Gross Income
$0.00
Federal Income Tax
$0.00
NY State Tax
$0.00
Yonkers Tax
$0.00
Social Security / Medicare
$0.00
Total Estimated Taxes
$0.00
Estimated Home-Ownership Tax Treatment
First-Year Mortgage Interest
$0.00
Estimated Deductible Mortgage Interest
$0.00
Estimated SALT Amount Used
$0.00
Federal Standard Deduction
$0.00
Estimated Itemized Deduction
$0.00
Federal Deduction Used
$0.00
Deduction Method
Standard
Estimated Monthly Take-Home
$0.00
Estimated Effective Tax Rate
0.00%
Household Expenses / Income
Housing + Monthly Debt
$0.00
Additional Household Expenses
$0.00
Total Monthly Household Obligations
$0.00
Gross Monthly Income
$0.00
Estimated Monthly Take-Home
$0.00
Before-Tax Household Ratio
0.00%
After-Tax Household Ratio
0.00%
Important:
This calculator is an estimating and planning tool only.
Estimated PMI uses a 0.50% annual conventional PMI assumption when the down
payment is less than 20%; actual mortgage insurance depends on the borrower,
lender and loan. Closing costs, title premiums, escrow requirements, mortgage
taxes, lender charges, municipal search fees and prepaid interest may vary.
The six-month tax escrow is a conservative estimate. Traditional 28% / 36%
ratios are guidelines rather than loan approvals. Tax calculations are
simplified estimates and are not tax, accounting, legal or lending advice.
CS Realty & Relocation Services, Inc.
Loan Payment & Household Affordability Analysis
Your Real Monthly Financial Picture
Prepared for:
Property Analysis
Property & Loan
Purchase Price
$0.00
Down Payment
$0.00
Down Payment Percentage
0.00%
Amount Financed
$0.00
Interest Rate
0.00%
Loan Term
30 Years
Monthly P&I
$0.00
Monthly PMI
$0.00
Monthly Property Taxes
$0.00
Monthly HOA / Common Charges
$0.00
Monthly Homeowners Insurance
$0.00
Total Monthly Housing
$0.00
Debt-to-Income
Annual Income
$0.00
Monthly Income
$0.00
Housing / Front-End Ratio
0.00%
Total / Back-End DTI
0.00%
After-Tax DTI
0.00%
Buyer's Estimated Closing Costs
Points
$0.00
Tax Escrow — 6 Months
$0.00
Your Attorney
$0.00
Bank Attorney
$0.00
Owner's Title Insurance
$0.00
Municipal / Additional Searches
$0.00
Inspection
$0.00
Appraisal
$0.00
Bank Application Fee
$0.00
Homeowners Insurance
$0.00
Filing Fees
$0.00
Board Fees
$0.00
Mortgage Recording Tax
$0.00
Other Closing Costs
$0.00
First Month's Interest
$0.00
Total Estimated Closing Costs
$0.00
Down Payment
$0.00
Estimated Total Cash Needed to Close
$0.00
Traditional 28% / 36% Buying Power
28% Maximum Housing
$0.00
28% Available for P&I + PMI
$0.00
28% Maximum Purchase Price
$0.00
36% Maximum Total Debt
$0.00
36% Available for P&I + PMI
$0.00
36% Maximum Purchase Price
$0.00
Maximum Purchase Price Based on Both Guidelines
$0.00
Estimated Taxes / Take-Home
Federal Income Tax
$0.00
NY State Tax
$0.00
Yonkers Tax
$0.00
Social Security / Medicare
$0.00
Total Estimated Taxes
$0.00
Monthly Take-Home
$0.00
Home-Ownership Tax Treatment
First-Year Mortgage Interest
$0.00
Deductible Mortgage Interest
$0.00
Estimated SALT Used
$0.00
Deduction Method
Standard
Federal Deduction Used
$0.00
Household Expenses / Income
Cell Phone — Monthly
$0.00
Internet — Monthly
$0.00
Heating — Annual
$0.00
Electricity — Monthly
$0.00
Water / Sewer — Monthly
$0.00
Groceries — Monthly
$0.00
Auto Insurance — Annual
$0.00
Landscaping — Annual
$0.00
Other Household — Monthly
$0.00
Total Monthly Obligations
$0.00
Before-Tax Household Ratio
0.00%
After-Tax Household Ratio
0.00%