Purchase calculator

Estimate what a purchase scenario could look like.

Use a cleaner purchase estimate to pressure-test home price, down payment, and monthly payment before moving into a real conversation.

Purchase estimate

Directional estimates with live controls.

Adjust the home price, down payment, rate, and basic carrying costs to see a directional monthly picture.

Move the sliders

Home and financing

Shape the purchase scenario.

Home price

Use a target purchase price.

$425,000

$150k$1.5M

Down payment

Move the equity contribution up or down.

$42,500

$10k$170k

Interest rate

Directional rate assumption.

6.5%

Term

Longer terms lower payment, shorter terms build equity faster.

30 years

1030

Annual taxes

Use a directional annual property tax number.

$4,800

$1k$18k

Annual insurance

Directional annual homeowner's insurance.

$1,800

600$6k

Purchase vs rent

Compare the ownership estimate with current rent.

Current monthly rent

Use your current or target rent payment for a directional comparison.

$2,450

900$6k

Assumptions

Direction only. Taxes, insurance, and mortgage insurance can shift the total payment.

No HOA, maintenance, utilities, or seller credit assumptions are included.

Real product fit depends on occupancy, credit, reserves, and the full file.

Use the lead funnel when you want this estimate translated into real options.

Snapshot

$2,968

Estimated monthly housing payment

Principal, interest, estimated taxes, and estimated insurance. This does not include HOA, maintenance, or mortgage insurance.

Next step

Ready to turn this purchase estimate into real options?

Move into the purchase funnel with your direction already set, or talk with a loan expert for a more specific review.

Continue to purchase options Talk to a loan expert Call (317) 664-7700

Purchase snapshot

Estimated results

Estimated loan amount

$382,500

Principal and interest

$2,418

Estimated monthly principal and interest only.

Taxes and insurance

$550

Combined monthly estimate for taxes and insurance.

Down payment

10.0%

$42,500 down on $425,000.

This estimate is directional. Real options depend on product type, occupancy, taxes, insurance, credit, and the full application.

Compare

Purchase vs rent

This directional view compares monthly housing cost with current rent and shows how much principal may be paid down over five years.

Estimated ownership payment

$2,968

Current monthly rent

$2,450

Monthly difference

Ownership estimate is above current rent.

+$518

Principal paid in 5 years

$24,438

Down payment plus principal after 5 years

Excludes any market appreciation assumptions.

$66,938