Homebuyer Numbers Check

Before you tour homes, work through the seven numbers worth knowing: comfortable payment, purchase-price range, cash to close, reserves, taxes, insurance, and total monthly payment.

Your numbers

Gross monthly household income

Comfortable share of income for housing

Assumption you control — adjust to what actually feels comfortable for you, not a rule.

Cash available for down payment & closing

Assumed down payment

Rate Assumption

An illustrative rate you enter — not today's market rate or a quote.

Loan term

years

Property Tax Rate Assumption

% of price / year

Varies by county and municipality — replace with the actual rate for a specific property when you have it.

Estimated annual homeowners insurance

Your seven numbers

1. Comfortable monthly housing payment: $2,240
2. Potential purchase-price range: $276,065 – $322,076
3. Estimated cash to close: $39,876
4. Reserves remaining after closing: $124
5. Estimated monthly property tax: $230
6. Estimated monthly homeowners insurance: $150
7. Estimated total monthly housing payment: $2,240

This is an illustrative estimate, not a loan offer or approval.

Results are based on the assumptions entered above and general educational math. They do not represent a rate quote, a credit decision, or a guarantee that you will qualify for any loan amount or program. Actual eligibility, pricing, and terms require a full application and lender review.

This is a planning exercise, not underwriting — it does not reflect your actual debt-to-income ratio, credit, or a lender's guidelines.
Property tax and insurance are estimates you entered, not verified figures for a specific property.
The rate you entered is an assumption, not a locked or quoted rate.

Your actual rate, payment, and costs could be higher. Get an official Loan Estimate before choosing a loan.