$2,600 a Month Mortgage

How much mortgage can you get for $2,600 a month? Calculate home price based on $2,600 monthly payment.
$
%

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 $2,600 a month?
This calculates the amount of a mortgage that you can get with a $2,600 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 2,600/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
2,600 / mo 616,692 544,599 484,332 433,658 390,800
2,605 / mo 617,878 545,647 485,264 434,492 391,551
2,610 / mo 619,064 546,694 486,195 435,326 392,303
2,615 / mo 620,250 547,741 487,126 436,160 393,054
2,620 / mo 621,436 548,788 488,058 436,994 393,806
2,625 / mo 622,622 549,836 488,989 437,828 394,557
2,630 / mo 623,808 550,883 489,921 438,662 395,309
2,635 / mo 624,994 551,930 490,852 439,496 396,060
2,640 / mo 626,180 552,978 491,783 440,330 396,812
2,645 / mo 627,366 554,025 492,715 441,164 397,564
2,650 / mo 628,552 555,072 493,646 441,998 398,315
2,655 / mo 629,738 556,120 494,578 442,832 399,067
2,660 / mo 630,924 557,167 495,509 443,666 399,818
2,665 / mo 632,110 558,214 496,441 444,500 400,570
2,670 / mo 633,296 559,262 497,372 445,334 401,321
2,675 / mo 634,482 560,309 498,303 446,168 402,073
2,680 / mo 635,668 561,356 499,235 447,002 402,824
2,685 / mo 636,853 562,403 500,166 447,835 403,576
2,690 / mo 638,039 563,451 501,098 448,669 404,327
2,695 / mo 639,225 564,498 502,029 449,503 405,079
2,700 / mo 640,411 565,545 502,960 450,337 405,830
Loan Amount by Rate. 30 year fixed, $2,600/mo
Interest Rate Mortgage
2.000% 703,426
2.125% 691,670
2.250% 680,190
2.375% 668,978
2.500% 658,026
2.625% 647,329
2.750% 636,878
2.875% 626,668
3.000% 616,692
3.125% 606,944
3.250% 597,418
3.375% 588,107
3.500% 579,007
3.625% 570,111
3.750% 561,415
3.875% 552,913
4.000% 544,599
4.125% 536,470
4.250% 528,520
4.375% 520,744
4.500% 513,139
4.625% 505,699
4.750% 498,421
4.875% 491,300
5.000% 484,332
5.125% 477,514
5.250% 470,841
5.375% 464,310
5.500% 457,917
5.625% 451,658
5.750% 445,531
5.875% 439,532
6.000% 433,658
6.125% 427,906
6.250% 422,272
6.375% 416,754
6.500% 411,348
6.625% 406,053
6.750% 400,865
6.875% 395,781
7.000% 390,800