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Financial Education and Tools

What home can I afford?

Find out what amount could be borrowed for a home.

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My Information

View Glossary Term: 'Down payment' in a new browser window.Down payment
$
Total monthly payment
$
View Glossary Term: 'Term (years)' in a new browser window.Term (years)
View Glossary Term: 'Interest rate' in a new browser window.Interest rate
%
View Glossary Term: 'Yearly property tax' in a new browser window.Yearly property tax
%
View Glossary Term: 'Yearly property insurance' in a new browser window.Yearly property insurance
$
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Important note about this calculator

The results provided by this calculator are intended for comparative purposes only and accuracy is not guaranteed. Many lenders, including Bank of America, use lower loan-to-value (LTV) ratios based on property type, such as investment properties and manufactured housing. In addition, in certain circumstances higher loan amounts in excess of $500,000 may exceed the maximum for total allowable. This calculator does not ensure the availability of or your eligibility for any specific product offered by Bank of America, its affiliates or any other financial institution. If you have questions, contact us to determine your eligibility for a specific home equity loan or line of credit.

This calculator is not intended to offer any tax, legal or financial advice. Please consult with qualified professionals to discuss your situation.

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