$3,305 a Month Mortgage

How much mortgage can you get for $3,305 a month? Calculate home price based on $3,305 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 $3,305 a month?
This calculates the amount of a mortgage that you can get with a $3,305 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 3,305/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
3,305 / mo 783,911 692,269 615,661 551,246 496,767
3,310 / mo 785,097 693,317 616,592 552,080 497,518
3,315 / mo 786,283 694,364 617,524 552,914 498,270
3,320 / mo 787,469 695,411 618,455 553,748 499,021
3,325 / mo 788,655 696,459 619,386 554,582 499,773
3,330 / mo 789,841 697,506 620,318 555,416 500,524
3,335 / mo 791,027 698,553 621,249 556,250 501,276
3,340 / mo 792,213 699,601 622,181 557,084 502,027
3,345 / mo 793,398 700,648 623,112 557,918 502,779
3,350 / mo 794,584 701,695 624,043 558,752 503,530
3,355 / mo 795,770 702,742 624,975 559,586 504,282
3,360 / mo 796,956 703,790 625,906 560,420 505,033
3,365 / mo 798,142 704,837 626,838 561,254 505,785
3,370 / mo 799,328 705,884 627,769 562,088 506,537
3,375 / mo 800,514 706,932 628,700 562,922 507,288
3,380 / mo 801,700 707,979 629,632 563,756 508,040
3,385 / mo 802,886 709,026 630,563 564,590 508,791
3,390 / mo 804,072 710,074 631,495 565,424 509,543
3,395 / mo 805,258 711,121 632,426 566,258 510,294
3,400 / mo 806,444 712,168 633,357 567,091 511,046
3,405 / mo 807,630 713,216 634,289 567,925 511,797
Loan Amount by Rate. 30 year fixed, $3,305/mo
Interest Rate Mortgage
2.000% 894,163
2.125% 879,219
2.250% 864,626
2.375% 850,374
2.500% 836,453
2.625% 822,855
2.750% 809,570
2.875% 796,592
3.000% 783,911
3.125% 771,519
3.250% 759,410
3.375% 747,575
3.500% 736,007
3.625% 724,699
3.750% 713,645
3.875% 702,837
4.000% 692,269
4.125% 681,936
4.250% 671,830
4.375% 661,946
4.500% 652,279
4.625% 642,822
4.750% 633,570
4.875% 624,518
5.000% 615,661
5.125% 606,993
5.250% 598,511
5.375% 590,209
5.500% 582,082
5.625% 574,127
5.750% 566,339
5.875% 558,713
6.000% 551,246
6.125% 543,934
6.250% 536,772
6.375% 529,758
6.500% 522,887
6.625% 516,155
6.750% 509,561
6.875% 503,099
7.000% 496,767