Great Lakes Credit Union

How Much Home Can I Afford?
Calculator

When you’re buying a home, it is important to know what to expect from mortgage lenders as they evaluate your eligibility for a home loan. Your income, assets, obligations, and liabilities are all considered carefully. Use this calculator to estimate the amount of mortgage you may be able to obtain.

Monthly Income

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Monthly Debt Payments

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Mortgage Information

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Results

Home Affordability

Payment Information

Down Payment Percent
10%
20%
Front-End Ratio Max Pmt
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$0
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Back-End Ratio Max Pmt
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$0
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Selected Payment
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$0
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Taxes & Insurance
$0
$0
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Mortgage Insurance
$0
$0
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Principal & Interest Pmt
$0
$0
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Mortgage Information

Down Payment
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$0
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Loan Amount
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$0
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Total Home Price
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Information

Great Lakes Credit Union

As a not-for-profit with over $500 million in assets, GLCU can often save you money with lower loan rates, higher savings rates and lower service fees than competing financial institutions. At Great Lakes Credit Union you will find a variety of financial services that can help you save smarter, borrow for less and make your money work as hard as you do. When you become a GLCU member you'll find that access to your account is easy and convenient.

2525 Green Bay Rd
North Chicago, IL 60064
800-982-7850
www.glcu.org

Resources

Resources

The HomeLoanLearningCenter.com provides step-by-step information on how to become financially literate.

Homeownership Preservation Foundation is an independent nonprofit that provides HUD-approved counselors dedicated to helping homeowners.

National Foundation for Credit Counseling provides high-quality financial education and counseling services for homeownership.