Looking to Buy

Search homes for sale in Antrim, Benzie, Grand Traverse, Kalkaska, and Leelanau Counties

What am I Eligible For?

Find out what housing programs you may be eligible for

What Can I Afford to Buy?

This calculator helps to calculate how much you can afford to spend on a home, based on income, monthly debt, and other factors. The interest rate and other information provided are based on current averages. Please note that the calculator provided here is for educational purposes and can only provide an estimate. The accuracy and applicability to your individual circumstances are not guaranteed. You should obtain advice for your personal situation from qualified professionals.

Approx. Annual Income $  
Approx. Monthly Debt
(credit cards, other loans, etc.)
Interest Rate   %
Approx. Down Payment $  
Estimated Closing Costs & Fees $  
Property Tax $  
Insurance $  

You can afford a monthly payment between and

You can afford a mortgage loan between and

You can afford a house valued between and

Debt-to-Income Ratio no more than 36%
Payment-to-Income Ratio between 28% and 33%
Loan Term assumed to be 30-Year Fixed (360 Months)