Tools · Mortgage & affordability calculator
What can you afford, and what will it really cost?
Two calculators in one: what price fits your income, debts and down payment, and the true monthly payment with Rockland property taxes and insurance, plus the NY closing costs most calculators skip.
Get pre-approved with real numbers
Lenders look at your credit, savings and job history too. Moshe can connect you with a local lender for a free pre-approval, so your offer is ready when the right home comes up.
How this works: the comfortable budget keeps your housing payment (principal, interest, property tax, insurance, HOA and PMI) at or under 28% of your gross monthly income, and all monthly debts including the new payment at or under 36%. The stretch budget allows all debts up to 43%, the usual limit for a qualified mortgage. PMI is an estimate (0.5% of the loan a year) when the down payment is under 20%. Property tax is estimated from the district's full-value rate. Your lender's numbers decide. Every number here is an estimate. Information deemed reliable but not guaranteed.
Estimated monthly payment
Estimated cash to close
Itemized closing costs
Mansion tax, mortgage recording tax, title, attorney and lender costs, line by line.
See the full itemized breakdown. Enter your name and mobile number. Moshe can also have a local lender double-check it, free.
How this works: principal and interest use the standard mortgage formula. PMI is an estimate (0.5% of the loan a year) when the down payment is under 20%. NY mansion tax is 1% of the price when a home sells for $1,000,000 or more, paid by the buyer (NYS Tax Law §1402-a, NY Tax Department). Rockland County mortgage recording tax is 1.30% of the loan (NY Tax Department Form MT-15, rev. 1/25, Table 5). On a 1 to 6 family home the lender pays 0.25% of it (Tax Law §253(1-a)(a)), and on a 1-2 family home the first $10,000 of the loan is left out of the 0.30% additional tax (NY Tax Department). Title, attorney, lender, recording, inspection and prepaid items are typical-range estimates, not quotes. In NY the seller usually pays the 0.4% state transfer tax. Every number here is an estimate. Information deemed reliable but not guaranteed.