$3,740 a Month Mortgage

How much mortgage can you get for $3,740 a month? Calculate home price based on $3,740 monthly payment.
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With the parameters you selected, \${$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 $3,740 a month?
This calculates the amount of a mortgage that you can get with a $3,740 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 3,740/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
3,740 / mo 887,088 783,385 696,693 623,801 562,150
3,745 / mo 888,274 784,432 697,625 624,635 562,902
3,750 / mo 889,460 785,480 698,556 625,469 563,653
3,755 / mo 890,646 786,527 699,487 626,303 564,405
3,760 / mo 891,832 787,574 700,419 627,136 565,156
3,765 / mo 893,018 788,622 701,350 627,970 565,908
3,770 / mo 894,204 789,669 702,282 628,804 566,660
3,775 / mo 895,390 790,716 703,213 629,638 567,411
3,780 / mo 896,576 791,763 704,145 630,472 568,163
3,785 / mo 897,762 792,811 705,076 631,306 568,914
3,790 / mo 898,948 793,858 706,007 632,140 569,666
3,795 / mo 900,134 794,905 706,939 632,974 570,417
3,800 / mo 901,320 795,953 707,870 633,808 571,169
3,805 / mo 902,506 797,000 708,802 634,642 571,920
3,810 / mo 903,692 798,047 709,733 635,476 572,672
3,815 / mo 904,877 799,095 710,664 636,310 573,423
3,820 / mo 906,063 800,142 711,596 637,144 574,175
3,825 / mo 907,249 801,189 712,527 637,978 574,926
3,830 / mo 908,435 802,237 713,459 638,812 575,678
3,835 / mo 909,621 803,284 714,390 639,646 576,430
3,840 / mo 910,807 804,331 715,321 640,480 577,181
Loan Amount by Rate. 30 year fixed, $3,740/mo
Interest Rate Mortgage
2.000% 1,011,851
2.125% 994,941
2.250% 978,427
2.375% 962,299
2.500% 946,546
2.625% 931,158
2.750% 916,125
2.875% 901,438
3.000% 887,088
3.125% 873,066
3.250% 859,363
3.375% 845,970
3.500% 832,879
3.625% 820,083
3.750% 807,574
3.875% 795,343
4.000% 783,385
4.125% 771,691
4.250% 760,255
4.375% 749,071
4.500% 738,131
4.625% 727,429
4.750% 716,959
4.875% 706,716
5.000% 696,693
5.125% 686,885
5.250% 677,286
5.375% 667,891
5.500% 658,695
5.625% 649,693
5.750% 640,880
5.875% 632,250
6.000% 623,801
6.125% 615,526
6.250% 607,422
6.375% 599,484
6.500% 591,708
6.625% 584,091
6.750% 576,628
6.875% 569,316
7.000% 562,150