For prospective homebuyers, knowing what you can afford is a crucial step of your home search. This free mortgage calculator will help ensure you stay within budget during your initial search phase. Of course, there’s no substitute for contacting a mortgage lender, as there may be additional programs and benefits available to you as well. It’s also good practice to reach out to your lender for a pre-qualification/pre-approval before your home search begins. It helps expedite the home buying process for you and helps mitigate against unwanted headaches during the process!

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Looking for mortgage calculator that goes into more depth? This one from Bankrate can help.