How much home can I afford in Orlando?

Purchasing a house is a significant achievement in terms of finances and requires meticulous planning. Various factors, including family size, career prospects, and location, can influence this decision. While deciding to buy a home is one aspect, budgeting for this significant life step is an entirely different matter.

The Orlando Mortgage Company provides a complimentary calculator to assist prospective buyers in the Orlando region in determining their maximum budget for a home. This calculator provides an estimate of the highest-priced home you can purchase, taking into account the maximum monthly payment you can comfortably afford.

*Please note that this tool does not indicate whether you would qualify for the loan amount it estimates.

After making the decision to purchase a house, it becomes crucial to ascertain which properties fall within your financial means. Various factors, including your yearly income, debt-to-income ratio, and monthly expenses, need to be taken into consideration. Additionally, external factors beyond your control, such as interest rates and median home prices, will also influence your decision-making process.