Price of Home: The total cost of the home you plan to buy.
Down Payment: The upfront amount paid toward the home’s price, reducing the loan amount.
Loan Term: The length of the mortgage, usually in years, affecting monthly payments and interest.
Interest Rate: The annual percentage your lender charges on the loan amount.
Home Insurance: The yearly cost to insure your home, often included in monthly payments.
Property Tax: The annual tax on your property, typically paid via your mortgage.
P&I (Principal and Interest): The portion of your payment covering the loan balance and interest.

Annual Income: Combined annual income for you and your co-borrower. Include all income before taxes.
Down Payment: The typical rule of thumb is to pay 20 percent of the home's price as your down payment, although some mortgage loans require as little as 3.5 percent down.
Other Monthly Debts: Include all monthly debt payments for of you and your co-borrower, including: minimum monthly required credit card payments, car payments, etc.
Loan Term: Your loan program can affect your interest rate and monthly payments. Choose from 30-year fixed, 15-year fixed, and more in the calculator.
Loan Type: Fixed-rate or Adjustable-rate mortgages (ARMs)
Interest Rate: This field is pre-filled with the current average mortgage rate. Your actual rate will vary based on factors like credit score and down payment.
Property Tax: Estimated property taxes based on the home's value.
Home Insurance: Home insurance or homeowners insurance is typically required by lenders, depending on the loan program.
HOA Fees: A homeowners association fee (HOA fee) is an amount of money that must be paid monthly by owners of certain types of costs.
Debt-to-Income (DTI): Your total "minimum" monthly debt divided by your gross monthly income. The conventional limit for DTI is 36% of your monthly income.