$320,000
Down payment$64,000
Loan amount$256,000
Monthly total$2,368
Home price calculator How much house fits your monthly budget?
Compare different home prices to see the down payment, loan amount, and estimated monthly mortgage cost associated with each one. You can also enter a target monthly payment to estimate a matching home price using your selected down payment, interest rate, loan term, taxes, insurance, and PMI assumptions.
Your mortgage details
Loan term
Use a name like 1234 Main St.. It appears on charts and shared links.
PMI assumption
Private mortgage insurance (PMI) is a lender-required cost that commonly applies to conventional loans with less than 20% down.
With your current inputs, we do not estimate PMI.
Mortgage
$2,773
estimated monthly total
$400K home$320K loan6.5% rate30 years20% down
Compare home prices
$360,000
Down payment$72,000
Loan amount$288,000
Monthly total$2,570
$400,000Selected
Down payment$80,000
Loan amount$320,000
Monthly total$2,773
$440,000
Down payment$88,000
Loan amount$352,000
Monthly total$2,975
$480,000
Down payment$96,000
Loan amount$384,000
Monthly total$3,177
Beanio's insight
Across the displayed $160,000 home-price range, the down payment changes by $32,000, the loan amount by $128,000, and the monthly total by $809.
Explore home price and mortgage payment tradeoffs
See how different home prices change your monthly mortgage cost, upfront cash, and loan amount.
Monthly mortgage costs at different home prices
Compare how the estimated monthly total changes across the displayed home prices.
Mortgage
6.5% rate30 years20% down
Beanio's insight
The estimated monthly total ranges from $2,368 on a $320,000 home to $3,177 on a $480,000 home, a difference of $809 per month.
| Home price | Monthly total | Change from selected |
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Upfront cash needed at different home prices
See the down payment required at each home price while preserving your selected down-payment percentage.
Mortgage
6.5% rate30 years20% down
Beanio's insight
Holding the down-payment percentage constant, moving from a $320,000 home to a $480,000 home requires $32,000 more upfront and adds $128,000 to the loan.
| Home price | Down payment | Loan amount |
|---|
Find a home price for your target monthly payment
Enter a target monthly total. We’ll estimate the home price that fits while preserving the current down-payment percentage and annual tax and insurance inputs.
Estimated home price$400,000with $80,000 down
Understand your home price estimate
Learn what this estimate can tell you and what it does not evaluate.
Is this the same as mortgage preapproval?
No. This calculator estimates a home price from your mortgage inputs or a selected monthly-payment target.
It does not evaluate income, debts, credit, employment, cash reserves, or loan-program qualification, so it cannot determine lender approval.
What stays fixed when home prices are compared?
The down-payment percentage, interest rate, loan term, annual property tax, annual homeowners insurance, and PMI rate stay fixed while the home price changes.
The down-payment dollar amount changes with the home price. Because annual property tax and homeowners insurance remain fixed in this comparison, the real costs for another property may differ.
What other costs may increase with a higher-priced home?
HOA dues, utilities, maintenance, repairs, and other ownership costs may differ as the home or property changes.
These costs are not added to this home-price calculation.
Home price and mortgage terms, explained
Get a plain-language definition of each input and result used in this estimate.
Definitions of terms
- Home price
- The price you're paying for the house: the number on the purchase agreement, before any down payment is subtracted. This is the starting point every other number on this page is built from.
- Down payment
- The portion of the home price you pay upfront, in cash, rather than borrowing. You can enter it as a dollar amount or a percentage; they stay in sync. The rest becomes your loan amount. A bigger down payment means a smaller loan, which lowers both your monthly payment and the total interest you'll pay over time.
- Annual property tax
- The yearly tax your local government charges based on your home's assessed value. Lenders typically collect this monthly along with your mortgage payment and hold it in escrow, then pay the tax bill on your behalf. So even though the bill itself is annual, we divide it by 12 to show you the monthly share.
- Annual insurance
- Your homeowners insurance premium for the year, covering things like fire, theft, and storm damage. Like property tax, it's usually collected monthly through escrow, so we divide the annual premium by 12 here too.
- Loan term
- How many years you have to pay off the loan, 15 or 30 here. A 30-year term spreads payments out further, so each monthly payment is smaller, but you pay more in total interest because you're borrowing the money for longer. A 15-year term does the opposite: higher monthly payments, less total interest.
- Interest rate
- The annual cost of borrowing the loan amount, expressed as a percentage. This is set by your lender based on market conditions, your credit, and your loan details. This calculator lets you plug in a rate so you can see its effect, but it doesn't estimate what rate you'd actually qualify for.
- Principal + interest
- The core loan payment: the portion that pays down what you borrowed (principal) plus the cost of borrowing it (interest). This is calculated with the standard fixed-rate amortization formula and stays the same every month for the life of the loan. What changes month to month is how much of it goes to each piece.
- Private mortgage insurance (PMI)
- An added cost that commonly applies to conventional loans when you put less than 20% down. It protects the lender, not the borrower, if the loan goes into default. The amount shown here is an estimate based on the adjustable PMI rate. Your actual cost and cancellation timing depend on your loan and servicer.
- Estimated monthly total
- Also called: house payment, monthly mortgage payment
- Principal + interest, plus your monthly property tax and insurance shares and estimated PMI when it applies. This gives you a more complete estimate of what the house will cost each month, not just the loan payment alone.
More money questions
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About this home price estimate
Review what is included, what stays fixed, and how this comparison is calculated.
What’s included
Principal and interest, property tax, homeowners insurance, and estimated PMI below 20% down.
What stays fixed
The down-payment percentage, interest rate, loan term, annual property tax, annual homeowners insurance, and PMI rate stay fixed while the home price changes.
How it works
Results use the same fixed-rate mortgage model and shared assumptions as the other Beanios mortgage calculators.
Updated date and disclaimer
Updated August 11, 2026. This estimate is educational and is not a loan quote, approval, or financial advice. See the full disclaimer.