$4,500 a Month Mortgage

How much mortgage can you get for $4,500 a month? Calculate home price based on $4,500 monthly payment.
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With the parameters you selected, \${$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 $4,500 a month?
This calculates the amount of a mortgage that you can get with a $4,500 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 4,500/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
4,500 / mo 1,067,352 942,576 838,267 750,562 676,384
4,505 / mo 1,068,538 943,623 839,199 751,396 677,136
4,510 / mo 1,069,724 944,670 840,130 752,230 677,887
4,515 / mo 1,070,910 945,718 841,062 753,064 678,639
4,520 / mo 1,072,096 946,765 841,993 753,898 679,390
4,525 / mo 1,073,282 947,812 842,924 754,732 680,142
4,530 / mo 1,074,468 948,859 843,856 755,566 680,893
4,535 / mo 1,075,654 949,907 844,787 756,400 681,645
4,540 / mo 1,076,840 950,954 845,719 757,234 682,396
4,545 / mo 1,078,026 952,001 846,650 758,068 683,148
4,550 / mo 1,079,212 953,049 847,581 758,902 683,899
4,555 / mo 1,080,398 954,096 848,513 759,736 684,651
4,560 / mo 1,081,584 955,143 849,444 760,570 685,403
4,565 / mo 1,082,770 956,191 850,376 761,404 686,154
4,570 / mo 1,083,955 957,238 851,307 762,238 686,906
4,575 / mo 1,085,141 958,285 852,238 763,072 687,657
4,580 / mo 1,086,327 959,332 853,170 763,906 688,409
4,585 / mo 1,087,513 960,380 854,101 764,740 689,160
4,590 / mo 1,088,699 961,427 855,033 765,574 689,912
4,595 / mo 1,089,885 962,474 855,964 766,407 690,663
4,600 / mo 1,091,071 963,522 856,895 767,241 691,415
Loan Amount by Rate. 30 year fixed, $4,500/mo
Interest Rate Mortgage
2.000% 1,217,468
2.125% 1,197,122
2.250% 1,177,252
2.375% 1,157,846
2.500% 1,138,892
2.625% 1,120,377
2.750% 1,102,290
2.875% 1,084,618
3.000% 1,067,352
3.125% 1,050,480
3.250% 1,033,992
3.375% 1,017,878
3.500% 1,002,127
3.625% 986,731
3.750% 971,680
3.875% 956,964
4.000% 942,576
4.125% 928,506
4.250% 914,746
4.375% 901,288
4.500% 888,125
4.625% 875,249
4.750% 862,652
4.875% 850,327
5.000% 838,267
5.125% 826,466
5.250% 814,917
5.375% 803,613
5.500% 792,548
5.625% 781,716
5.750% 771,112
5.875% 760,729
6.000% 750,562
6.125% 740,606
6.250% 730,855
6.375% 721,304
6.500% 711,949
6.625% 702,784
6.750% 693,804
6.875% 685,006
7.000% 676,384