$2,700 a Month Mortgage

How much mortgage can you get for $2,700 a month? Calculate home price based on $2,700 monthly payment.
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With the parameters you selected, \${$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 $2,700 a month?
This calculates the amount of a mortgage that you can get with a $2,700 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 2,700/month will afford.
What other costs do I need to consider?
Property Taxes: After the mortgage, your property taxes are usually the biggest expense in 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
2,700 / mo 640,411 565,545 502,960 450,337 405,830
2,705 / mo 641,597 566,593 503,892 451,171 406,582
2,710 / mo 642,783 567,640 504,823 452,005 407,334
2,715 / mo 643,969 568,687 505,755 452,839 408,085
2,720 / mo 645,155 569,735 506,686 453,673 408,837
2,725 / mo 646,341 570,782 507,617 454,507 409,588
2,730 / mo 647,527 571,829 508,549 455,341 410,340
2,735 / mo 648,713 572,876 509,480 456,175 411,091
2,740 / mo 649,899 573,924 510,412 457,009 411,843
2,745 / mo 651,085 574,971 511,343 457,843 412,594
2,750 / mo 652,271 576,018 512,274 458,677 413,346
2,755 / mo 653,457 577,066 513,206 459,511 414,097
2,760 / mo 654,643 578,113 514,137 460,345 414,849
2,765 / mo 655,829 579,160 515,069 461,179 415,600
2,770 / mo 657,015 580,208 516,000 462,013 416,352
2,775 / mo 658,201 581,255 516,931 462,847 417,104
2,780 / mo 659,386 582,302 517,863 463,681 417,855
2,785 / mo 660,572 583,350 518,794 464,515 418,607
2,790 / mo 661,758 584,397 519,726 465,349 419,358
2,795 / mo 662,944 585,444 520,657 466,183 420,110
2,800 / mo 664,130 586,491 521,589 467,017 420,861
Loan Amount by Rate. 30 year fixed, $2,700/mo
Interest Rate Mortgage
2.000% 730,481
2.125% 718,273
2.250% 706,351
2.375% 694,708
2.500% 683,335
2.625% 672,226
2.750% 661,374
2.875% 650,771
3.000% 640,411
3.125% 630,288
3.250% 620,395
3.375% 610,727
3.500% 601,276
3.625% 592,039
3.750% 583,008
3.875% 574,178
4.000% 565,545
4.125% 557,103
4.250% 548,848
4.375% 540,773
4.500% 532,875
4.625% 525,149
4.750% 517,591
4.875% 510,196
5.000% 502,960
5.125% 495,880
5.250% 488,950
5.375% 482,168
5.500% 475,529
5.625% 469,030
5.750% 462,667
5.875% 456,437
6.000% 450,337
6.125% 444,364
6.250% 438,513
6.375% 432,783
6.500% 427,169
6.625% 421,670
6.750% 416,282
6.875% 411,003
7.000% 405,830