Mortgage Calculator

Housing Affordability Calculator

Estimate your monthly mortgage payment and see how it fits your budget. Free — no sign-up required.

HUD-Approved · #90704
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$50k$800k
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$10k$200k
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3%50%
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1%15%
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Chicago avg. ~1.8–2.2% of home value
Estimated Monthly Payment
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principal + interest + taxes
Loan Amount
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after down payment
Down Payment
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upfront
Total Interest Paid
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over loan term
Housing Cost vs. Income —

Want to talk through your numbers? A free, one-on-one session with an Erie House housing counselor can help you understand your options and plan your next step.

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This calculator provides estimates for educational purposes only. Results are not a loan approval or guarantee. Actual payments may vary based on credit score, lender terms, insurance, HOA fees, and other factors. Contact a HUD-certified housing counselor for personalized guidance.

HOP Certificate Number

If you need additional housing services or tools please refer to the following:

Housing Opportunity Program

Housing Resource List