Home much home can I afford?
The calculator below gives you an idea of what monthly payment you can afford based on your DTI (debt-to-income) ratio.
Fill out each field then hit the Calculate button to get the figures.
TIPS: For downpayment amount, FHA’s minimum is 3.5% of the purchase price. If you’re unsure of what to put for annual real estate taxes, remember that property taxes in Indiana are capped at 1% per year of assessed value for your primary home. That’s a good number to plug in to get started. For the actual property tax amount, just ask us to pull the current tax record.