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How much home can you afford?
This chart shows what loan amount you could afford at the various interest rates. Figures are based on principal and interest payments only. To use the chart, find the monthly mortgage payment you can afford, then look under the interest rate columns. The amounts listed are approximate and based on a 30-year fixed-rate loan. Property taxes and homeowners insurance are not included in the estimates below.

Monthly
Payment
6.00%
6.50%
7.00%
7.50%
8.00%
8.50%
9.00%
$800.00
$133,435.00
$126,569.00
$120,246.00
$114,414.00
$109,027.00
$104,049.00
$99,425.00
$900.00
150,110
142,390
135,277
128,716
122,655
117,048
111,854
$1,000.00
166,790
158,211
150,308
143,018
136,283
130,054
124,282
$1,100.00
183,470
174,032
165,338
157,319
149,912
149,059
136,710
$1,200.00
200,150
189,853
180,369
171,621
163,540
156,064
149,138
$1,300.00
216,830
205,674
195,400
185,923
177,169
169,070
161,566
$1,400.00
233,510
221,495
210,431
200,225
190,797
182,075
173,995
$1,500.00
250,190
237,316
225,461
214,526
204,425
195,080
186,423
$1,600.00
266,870
253,137
240,492
228,828
218,054
208,086
198,851
$1,700.00
283,550
268,958
255,523
243,130
231,682
221,091
211,279
$1,800.00
300,225
284,779
270,554
257,432
245,310
234,097
223,707
$1,900.00
316,905
300,601
285,584
271,733
258,939
247,102
236,136
$2,000.00
333,585
316,422
300,615
286,035
272,567
260,107
248,564
$2,100.00
350,260
332,243
315,646
300,337
286,195
273,113
260,992
$2,200.00
366,940
348,067
330,677
314,639
299,824
286,118
273,420
$2,300.00
383,620
363,885
345,707
328,941
313,452
299,123
285,848
$2,400.00
400,300
379,706
360,738
343,242
327,080
312,129
298,276
$2,500.00
416,980
395,527
375,769
357,544
340,709
325,134
310,705
$2,600.00
433,660
411,348
390,800
371,846
354,337
338,139
323,133
$2,700.00
450,340
427,169
405,830
386,148
367,965
351,145
335,561
$2,800.00
467,020
442,990
420,861
400,449
381,594
364,150
347,989
$2,900.00
483,695
458,811
435,892
414,751
395,222
377,156
360,417
$3,000.00
500,375
474,632
450,923
429,053
408,850
390,161
372,846
$3,100.00
517,050
490,459
465,954
443,355
422,478
403,167
385,274
$3,200.00
533,730
506,274
480,985
457,657
436,107
416,172
397,702
$3,300.00
550,410
522,095
496,015
471,959
449,735
429,177
410,130

For more information please contact Gibraltar Mortgage, info@gibraltarmortgagegroup.com or visit the website www.GibraltarMortgageGroup.com

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