$4,000 a Month Mortgage

How much mortgage can you get for $4,000 a month? Calculate home price based on $4,000 monthly payment.
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With the parameters you selected, \${$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 $4,000 a month?
This calculates the amount of a mortgage that you can get with a $4,000 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 4,000/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
4,000 / mo 948,758 837,845 745,126 667,166 601,230
4,005 / mo 949,943 838,892 746,058 668,000 601,982
4,010 / mo 951,129 839,940 746,989 668,834 602,733
4,015 / mo 952,315 840,987 747,921 669,668 603,485
4,020 / mo 953,501 842,034 748,852 670,502 604,236
4,025 / mo 954,687 843,081 749,784 671,336 604,988
4,030 / mo 955,873 844,129 750,715 672,170 605,739
4,035 / mo 957,059 845,176 751,646 673,004 606,491
4,040 / mo 958,245 846,223 752,578 673,838 607,243
4,045 / mo 959,431 847,271 753,509 674,672 607,994
4,050 / mo 960,617 848,318 754,441 675,506 608,746
4,055 / mo 961,803 849,365 755,372 676,340 609,497
4,060 / mo 962,989 850,413 756,303 677,174 610,249
4,065 / mo 964,175 851,460 757,235 678,008 611,000
4,070 / mo 965,361 852,507 758,166 678,842 611,752
4,075 / mo 966,547 853,555 759,098 679,676 612,503
4,080 / mo 967,733 854,602 760,029 680,510 613,255
4,085 / mo 968,919 855,649 760,960 681,344 614,006
4,090 / mo 970,105 856,696 761,892 682,178 614,758
4,095 / mo 971,291 857,744 762,823 683,012 615,509
4,100 / mo 972,476 858,791 763,755 683,846 616,261
Loan Amount by Rate. 30 year fixed, $4,000/mo
Interest Rate Mortgage
2.000% 1,082,194
2.125% 1,064,108
2.250% 1,046,446
2.375% 1,029,197
2.500% 1,012,348
2.625% 995,891
2.750% 979,813
2.875% 964,105
3.000% 948,758
3.125% 933,760
3.250% 919,104
3.375% 904,780
3.500% 890,780
3.625% 877,094
3.750% 863,715
3.875% 850,635
4.000% 837,845
4.125% 825,338
4.250% 813,107
4.375% 801,145
4.500% 789,445
4.625% 777,999
4.750% 766,802
4.875% 755,846
5.000% 745,126
5.125% 734,636
5.250% 724,370
5.375% 714,322
5.500% 704,487
5.625% 694,859
5.750% 685,433
5.875% 676,204
6.000% 667,166
6.125% 658,316
6.250% 649,649
6.375% 641,159
6.500% 632,843
6.625% 624,696
6.750% 616,715
6.875% 608,894
7.000% 601,230