Get a snapshot of what your housing purchasing power is.
AARE Homebuyer Prequalifier
AARE • Homebuyer Tools
Homebuyer Prequalifier
A fast, consumer-friendly estimate of how much home a buyer may be able to afford based on qualifying income,
current monthly debts, estimated rate, and conservative underwriting guardrails. Designed for California buyers,
with editable assumptions for down payment, closing costs, taxes, insurance, and debt-to-income ratios.
Buyer Inputs
Enter fair, buyer-provided estimates. This tool is intentionally transparent so assumptions can be adjusted without hiding the math.
Use income that a lender could reasonably count for qualification, before taxes and deductions.
Auto, student, credit card minimums, personal loans, alimony, child support, and other recurring debts.
Interest rate only. APR and points can vary.
Advanced assumptions
Maximum housing-payment ratio.
Maximum total debt-to-income ratio.
Editable so the module can support low-down or move-up scenarios.
California estimate for buyer-side costs, excluding discount points unless added manually.
Used as a blended estimate for monthly taxes in the affordability calculation.
Quick estimate only. Actual premium varies by carrier, location, and coverage.
Optional add-on for lender points or extra upfront cash planning.
This estimate solves for the highest purchase price that still fits within the selected debt-to-income constraints after accounting for projected principal, interest, taxes, insurance, and HOA.
Estimate ready
Estimated max purchase price
$0
Based on the selected underwriting profile and projected monthly housing payment.
Estimated loan amount
$0
Purchase price minus the selected down payment percentage.
Target monthly housing payment
$0
The tighter of the front-end housing ratio and back-end DTI limit.
Cash needed to close
$0
Down payment plus estimated closing costs and optional extra cash.
Estimate breakdown
Gross monthly qualifying income$0
Monthly debt obligations$0
Front-end payment cap$0
Back-end payment cap$0
Selected housing budget$0
Down payment amount$0
Estimated closing costs$0
Estimated taxes + insurance + HOA$0
Estimated principal + interest$0
Total monthly housing payment$0
Formula used: Affordable Housing Payment = lesser of (Front Ratio × Gross Monthly Income) and (Back Ratio × Gross Monthly Income − Current Monthly Debts). The module then solves backward from that payment to an estimated loan amount and purchase price using your rate, term, taxes, insurance, HOA, down payment, and closing-cost assumptions.
This is a planning estimate only, not a credit decision, underwriting approval, or loan commitment. Actual qualification depends on credit, assets, reserves, documentation, property type, occupancy, taxes, insurance, HOA dues, lender overlays, and final automated or manual underwriting findings. For consumer clarity, the assumptions above remain editable rather than hidden.
Ready to Explore Your Options? Want a personalized mortgage rate quote?
Every borrower’s situation is unique, and rates can change daily. Contact one of our experienced Ensure Lending Loan Officers to get accurate, lockable rate information based on your goals.
