Principal, interest, taxes and insurance — the four parts of a typical mortgage payment. Add HOA dues and mortgage insurance where they apply and you have the real monthly cost, which is always more than the principal-and-interest figure a rate quote shows you.

Calculators

Charlotte Mortgage Calculators

Q: How much house can I afford?

Lenders generally work to a total debt-to-income ratio, often somewhere in the mid-40s as a percentage of gross monthly income including the new payment and your existing debts. But the number a lender will approve is usually higher than the number you should spend. A better question is what monthly payment still leaves your life intact — start there and work backwards to a price.

Run the numbers yourself.

No email gate, no "unlock your results," nothing sent anywhere. These run in your browser because that's how it should work.

Monthly payment

The full payment — principal, interest, taxes, insurance and HOA. Not just the part that makes a rate look good.

Home price

Down payment

Interest rate %

Term

Property taxes per year

Insurance per year

HOA per month

Estimated monthly payment

Principal & interest$0

Property taxes$0

Insurance$0

Mortgage insurance $0

HOA$0

Get a Real Quote

Estimates only. Mortgage insurance is approximated and varies by credit score, loan type and loan-to-value. Not a loan offer, a rate quote, or a commitment to lend.

How much house can I afford?

Working from your income and debts. Remember that what you're approved for and what you should spend are different numbers.

Gross monthly income

Monthly debts cards, autos, loans

Down payment

Interest rate %

Target DTI 45% — a common ceiling

45%

Estimated price range

Payment you'd be working with$0

Estimated loan amount$0

Plus your down payment$0

Assumes taxes and insurance at roughly 1.4% of price a year, which is a reasonable Carolinas placeholder — your county will differ.

Get Pre-Approved

More calculators

DSCR calculator Rent divided by the full payment, with the coverage bands explained. For investment property. Open → Bank statement income estimator Roughly what a bank statement lender would count from your deposits, with the expense factor exposed. Open → Down payment by program What you'd actually need at any price across VA, USDA, conventional and FHA — plus closing costs. Open →

A word on calculators generally: every one of these makes assumptions, and the assumptions are where the error lives. They're good for orienting yourself and useless for deciding. When you want a real number, the conversation takes about fifteen minutes.

Want the real number instead of an estimate?

Calculators make assumptions. Fifteen minutes on the phone doesn't. No credit pull to start.

What are you looking to do?

Home Equity LoanBorrow against equity you already have Buy a homeFirst home, next home, or a move RefinanceLower the rate, pull cash out, or drop MI Buy an investment propertyRental, DSCR, or portfolio Build a homeNew construction, land, or a builder contract I just have a questionNot sure where to start? That's okay.

A little context

City & state Timeline

Anything that makes your file unusual? optional

Where should Jason reach you?

Your name Phone

No credit check and nothing goes on your record. This isn't a loan application — it just starts the conversation. Jason Andrews, NMLS #102708.

Ready to get started? Skip the questions and start the secure application — it takes about 15 minutes, and it's the same form we'll need later anyway.

Prefer to just talk? Call or text (704) 287-8746.

Charlotte Mortgage Calculators

Monthly payment

How much house can I afford?

More calculators

Want the real number instead of an estimate?

Got it — I'll be in touch.