How Much More House Can I Afford with PrivateMI?
This calculator shows you how much house you can afford if you make a 5 percent down payment and use PrivateMI. Just fill in the blanks and click "Go."
Note: The calculator allows for a maximum housing debt of 33 percent of your monthly income and a maximum total debt of 38 percent. Some PrivateMI programs are available to consumers with even higher debt ratios, so consult your lender to discuss your options.
If the resulting calculation is a negative number or zero, your debt ratio is greater than 38%. You will need to modify the amounts you enter in the Monthly Gross Income and Other Monthly Debt Payment fields.