Do you want to know how much you can home you can afford? Our Owings Mills mortgage affordability calculator will help you determine how much of a loan you can comfortably afford to repay. This calculator uses your down payment, loan amount, interest rate, loan term, and estimated front and back ratios, to help you determine whether the loan you want to apply for is affordable for you.
You can test out different options – down payment, loan amount, interest rate, etc. – by editing the calculator and then recalculating. This will help you find the most affordable mortgage options for your situation.