HOW MUCH HOUSE CAN I AFFORD?

Use our Mortgage Calculator below to get a good idea of how much house you can afford in Charleston. The Mortgage Calculator determines what you will pay in principle and interest on your Charleston home. You can calculate what-if scenarios by varying what percent down you pay, interest rates and the length of your mortgage. Keep in mind that your monthly payment will also include home insurance and taxes. Although our mortgage calculator will advise you on the recommended size of your mortgage, only you know what you’ll be able to comfortably afford to pay each month based off your debt to income ratio.

This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.