$1,530 a Month Mortgage

How much mortgage can you get for $1,530 a month? Calculate home price based on $1,530 monthly payment.
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With the parameters you selected, \${$pageVals->prettyPayment}/mo will pay for a {$big} home loan.

This does not include the cost of insurance, repairs, taxes, PMI, HSA dues, or other costs.

How expensive of a home can I buy for $1,530 a month?
This calculates the amount of a mortgage that you can get with a $1,530 monthly payment. This is calculated based on the monthly payment, interest rate APR, and loan length. Add the down payment to the loan amount to find the total amount of the house that 1,530/month will afford.
What other costs do I need to consider?
Property Taxes: After the mortgage, your property taxes are usually the biggest expense on a property. Taxes are usually reset to a higher amount after you buy a home. A quick way to estimate your property taxes is to find your local millage rate and multiply by the taxable value of your home. The previous owner typically has a lower taxable value than your purchase price. When the taxable value is reset, your property taxes could increase significantly.
Maintenance: Over time, things break and need to be repaired. Consider these regular costs.
HOA Fees: If you buy a condo, HOA fees can be a large expense and these typically increase over time as the property ages.
Home Insurance: Home insurance is typically not too big of an expense but this can vary by region.
Mortgage Fees: Compare mortgages based on both interest rates and fees. Fees can vary widely based on the mortgage provider.
Down Payment: A standard down payment on a 30 year fixed rate mortgage is 20% of the purchase price however many loan programs offer lower down payments.
Mortgage Amount by Monthly Payment - 30 Year Fixed Mortgage
Payment 3% APR 4% APR 5% APR 6% APR 7% APR
1,530 / mo 362,900 320,476 285,011 255,191 229,971
1,535 / mo 364,086 321,523 285,942 256,025 230,722
1,540 / mo 365,272 322,570 286,874 256,859 231,474
1,545 / mo 366,458 323,618 287,805 257,693 232,225
1,550 / mo 367,644 324,665 288,737 258,527 232,977
1,555 / mo 368,829 325,712 289,668 259,361 233,728
1,560 / mo 370,015 326,760 290,599 260,195 234,480
1,565 / mo 371,201 327,807 291,531 261,029 235,231
1,570 / mo 372,387 328,854 292,462 261,863 235,983
1,575 / mo 373,573 329,901 293,394 262,697 236,734
1,580 / mo 374,759 330,949 294,325 263,531 237,486
1,585 / mo 375,945 331,996 295,256 264,365 238,237
1,590 / mo 377,131 333,043 296,188 265,199 238,989
1,595 / mo 378,317 334,091 297,119 266,033 239,741
1,600 / mo 379,503 335,138 298,051 266,867 240,492
1,605 / mo 380,689 336,185 298,982 267,701 241,244
1,610 / mo 381,875 337,233 299,913 268,534 241,995
1,615 / mo 383,061 338,280 300,845 269,368 242,747
1,620 / mo 384,247 339,327 301,776 270,202 243,498
1,625 / mo 385,433 340,375 302,708 271,036 244,250
1,630 / mo 386,619 341,422 303,639 271,870 245,001
Loan Amount by Rate. 30 year fixed, $1,530/mo
Interest Rate Mortgage
2.000% 413,939
2.125% 407,021
2.250% 400,266
2.375% 393,668
2.500% 387,223
2.625% 380,928
2.750% 374,778
2.875% 368,770
3.000% 362,900
3.125% 357,163
3.250% 351,557
3.375% 346,079
3.500% 340,723
3.625% 335,489
3.750% 330,371
3.875% 325,368
4.000% 320,476
4.125% 315,692
4.250% 311,014
4.375% 306,438
4.500% 301,963
4.625% 297,585
4.750% 293,302
4.875% 289,111
5.000% 285,011
5.125% 280,998
5.250% 277,072
5.375% 273,228
5.500% 269,466
5.625% 265,784
5.750% 262,178
5.875% 258,648
6.000% 255,191
6.125% 251,806
6.250% 248,491
6.375% 245,243
6.500% 242,063
6.625% 238,946
6.750% 235,893
6.875% 232,902
7.000% 229,971