Find out how much home you can afford

Play around with our calculator and see what you can afford — no commitment, no email required, just see your numbers. If you like what you see, we'll match you with a broker in our network who can help you get prequalified. No spam. No catch.

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Your estimate will appear here

Enter your financial details and we'll estimate how much home you could afford.

Estimated Home You Can Afford
Estimated Monthly Payment
Principal & Interest
Taxes & Insurance

Like what you see? A broker can walk you through the next steps.

Get Prequalified Free →

This is an estimate. A broker can give you an exact prequalification based on your full financial picture — often with better numbers than you'd expect.

Get prequalified
Based on average purchase rates as of . Assumes property taxes of 1.1% and insurance of 0.35%. Your actual rate and terms may vary.

What you should know before buying

Prequalification is the first step. Here's what to expect.

Quick Answer

What is prequalification?

Prequalification is a lender's initial estimate of how much you can borrow, based on basic financial info you provide. It usually takes minutes and doesn't affect your credit score — it's a soft pull, not a hard inquiry.

Key Difference

Prequalification vs. preapproval

Prequalification is a quick estimate based on self-reported info. Preapproval is more thorough — the lender verifies your income, assets, and credit with documentation. Sellers take preapproval letters more seriously because they signal a committed, verified buyer.

Good to Know

It won't hurt your credit

Getting prequalified uses a soft credit check, which doesn't impact your score. Even preapproval only counts as one hard inquiry if you apply with multiple lenders within a 14-45 day window — rate shopping is expected and encouraged.

Timeline

How long does it take?

Prequalification can happen the same day — sometimes in minutes. Preapproval typically takes 1-3 business days once you've submitted your documents. Having your paperwork ready speeds everything up.

Prequalification

The starting point
Based on: Self-reported income, debts, and assets
Credit check: Soft pull — no impact on score
Timeline: Minutes to hours
Documents needed: Usually none
Strength with sellers: Low — it's an estimate
Best for: Understanding your budget before you start shopping

Preapproval

The competitive edge
Based on: Verified income, tax returns, bank statements
Credit check: Hard pull — minor, temporary impact
Timeline: 1-3 business days
Documents needed: Pay stubs, W-2s, bank statements, tax returns
Strength with sellers: High — shows you're a serious, verified buyer
Best for: Making offers on homes in competitive markets

What to have ready

Proof of income

Recent pay stubs (last 30 days), W-2 forms from the last two years, or tax returns if self-employed.

Bank statements

Last 2-3 months of checking and savings accounts showing your down payment funds.

ID and Social Security number

Government-issued photo ID. Your SSN is needed for the credit check.

Employment details

Employer name, address, and how long you've been there. Two years of stable employment is ideal.

List of debts

Car loans, student loans, credit card balances, and any other monthly obligations.

How it works

Three steps to knowing what you can afford.

1

Check your numbers

Use our affordability calculator to see an estimate of what you can afford based on your income, debts, and savings.

2

Share your info

Enter your name and contact details so we can match you with an independent broker who fits your situation and market.

3

Get prequalified

Your broker reaches out, walks you through the process, and gets you a prequalification letter — often the same day.

Get prequalified — free

Tell us how to reach you. A broker will take it from there.

How should your broker reach you?
By submitting, you consent to be contacted by one independent, licensed mortgage broker matched to your request. Your information is shared only with your matched broker and is never sold to third parties.
By clicking "Get Prequalified Free," you consent to receive calls, texts, and emails from your matched broker, potentially using automated technology. You may opt out at any time. Message & data rates may apply. Privacy Policy · Terms of Service

What happens next?

1

We match you with one licensed broker who fits your situation and area.

2

That broker reaches out directly — usually within a few hours.

3

They walk you through the prequalification process. No pressure, no obligation.

You're all set

We're matching you with a broker now. Expect to hear from one qualified professional who'll walk you through the prequalification process and help you understand exactly what you can afford.

Get Prequalified Free →