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affordability calculator

Estimate your payments with our easy-to-use loan calculator.

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You can afford a house up to

PKR

Based on your income, a house at this price should fit comfortably within your budget.Learn more

affordability calculator help

Even though you may qualify for the amount listed above, it may not be suitable for you. You should review your personal situation, and work with your financial advisor, to decide how much you can comfortably afford to borrow. Subject to individual program loan limits. Your debt-to-income ratio is calculated by adding up all of your monthly debt payments and dividing them by your gross monthly income. Your gross monthly income is generally the amount of money you have earned before your taxes and other deductions are taken out. For example, if you pay $1500 a month for your mortgage and another $100 a month for an auto loan and $400 a month for the rest of your debts, your monthly debt payments are $2000. ($1500 + $100 + $400 = $2,000.) If your gross monthly income is $6000, then your debt-to-income ratio is 33 percent ($2000 is 33% of $6000).

annual income

Enter your (and your co-borrower's) annual income before taxes. Or click "Calculate by payment" to enter what you want to spend every month.

interest rates

This is pre-filled with the current average mortgage rate. Your actual rate will vary based on factors like credit score and down payment.

income taxes

As a landlord, you'll need to pay income tax on the rent you receive from your properties.

property taxes

The amount you pay for property taxes can affect your affordability. The affordability calculator includes estimated amount, but you can edit it in the advanced options.

home owners insurance

Homeowners insurance policies are not one-size-fits-all. While a typical policy comes with certain coverages, it's usually customized to meet each individual homeowner's unique needs.

mortage insurance(PMI)

Mortgage insurance lowers the risk to the lender of making a loan to you, so you can qualify for a loan that you might not otherwise be able to get.

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