Home Affordability Stress-Test Calculator
Use the home affordability calculator to stress-test income, complete housing costs, maintenance, essential spending and a monthly safety buffer.
Free tool · Assumptions shown
Before You Buy a Home: Checklist
The sale price is only one number. Build a decision around cash to close, monthly carrying cost and repair risk.
Budgetcash to close
Verifyloan and title figures
Reserveafter-closing cash
How to check a home purchase
Build the complete cash-to-close figure
Reconcile the down payment, loan costs, title charges, prepaids, deposits and credits using current documents.
Test the monthly ownership cost
Add taxes, insurance, dues, utilities and maintenance to the mortgage payment, then model an income or repair shock.
Use inspections and contingencies
Track inspection, appraisal, financing and title deadlines and connect each finding to the contract remedy.
Protect post-closing liquidity
Separate moving, immediate repair and emergency cash before deciding how much is available for the transaction.
Tools for this decision
Use the final figures from the document in these calculators and checklists, then return to the guide for the clauses the result cannot test.
Closing Cost Calculator and Worksheet
Build an itemized cash-to-close estimate from down payment, loan costs, prepaids, deposits and credits while preserving a post-closing reserve.
Free tool · Assumptions shownPMI Break-Even Calculator
Use the PMI break-even calculator to compare a larger down payment with monthly mortgage insurance, its expected duration and time needed to save.
Free tool · Assumptions shownMortgage Points Break-Even Calculator
Use the mortgage points calculator to compare upfront points with monthly principal-and-interest savings and the expected holding period.
Free tool · Assumptions shownClosing Disclosure Comparison Calculator
Compare a Loan Estimate with the final Closing Disclosure. Find higher costs, lower credits and other changes to question.
Free tool · Assumptions shownHome Maintenance Reserve Calculator
Plan how much to set aside for home upkeep. Combine a value-based starting point with repairs found during inspection.
Free tool · Assumptions shownPost-Home-Purchase Reserve Calculator
Measure cash remaining after a home purchase, setup and immediate repairs against essential expenses and a chosen reserve target.
Free tool · Assumptions shownCommon questions before this decision
Short answers for the issues that most often change the next document check.
Is cash to close the full amount of cash I need?
No. Keep moving, immediate repair and emergency cash outside the closing figure. A successful closing can still leave an unsafe first-month budget.
Can mortgage closing costs change?
Some figures can change and some changes require a permitted reason. Compare the current Loan Estimate with the Closing Disclosure line by line and ask for written explanations.
Do I always need a 20 percent down payment?
No. Available loan terms vary, but a smaller down payment can change mortgage insurance, pricing and cash reserves. Compare the complete scenarios instead of using one percentage as a rule.
Connected decisions to check
Some obligations cross from one document into another. Follow the connection that applies to the same transaction.
Before You Borrow: Loan Checklist
Compare the mortgage as a loan, not only as part of the property purchase.
Before You Buy Insurance: Checklist
Reconcile the property assumptions with the policy offered for the home.