Mortgage Prequalification Calculator

Evaluate your purchasing power before you apply for a mortgage with a lender.

Getting prequalified for a mortgage puts you on the right path to buy a home, because it lets you know exactly how much mortgage you can afford. It also provides other helpful information, like how much you need for a down payment and the monthly payments you’ll face once you’re approved.

You’ll need to go through a lender to get formally prequalified. However, this calculator allows you to walk through the same process the lender will use so you can self-assess before you apply. If you have questions or would like a free, confidential consultation with a HUD-certified housing counselor, call us at 1-800-435-2261.