Tools · What can I afford?

How much house does your budget buy?

Tell us the monthly payment you're comfortable with and we'll estimate the home price it affords — rate, term, taxes, insurance and PMI included. Everything stays in your browser.

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Your numbers

Fill in what you know.

The numbers you enter stay in your browser. Nothing you type here is sent to us, saved, or attached to any form on this site. Like the rest of kwclassic.com this page counts anonymous visits — it never records what you typed.

01Your budget Comfortable monthly payment (principal, interest, taxes, insurance & PMI — all in) $ Down payment % Monthly HOA dues (optional) $

02The loan Interest rate (your rate, not ours — ask your lender or shop a few) %

Loan term

03Taxes & insurance Estimated annual property tax rate (% of home value — varies by county; ask your lender or the county assessor) %

Homeowner's insurance Homeowner's insurance is quoted per property by the carrier. This default is a placeholder of roughly 0.5% of the home's value a year so the payment line is not blank; it is the field most worth replacing with a real quote, especially given Minnesota hail exposure.

PMI rate (applies below 20% down) Private mortgage insurance is generally required on a conventional loan above 80% loan-to-value. The premium depends on credit score, LTV and loan type, and is set by the insurer — not by us and not by law. Roughly 0.5%-1.5% of the loan a year is the common range. Under the Homeowners Protection Act a borrower may request cancellation at 80% LTV and the servicer must terminate automatically at 78%, based on the original amortisation schedule.

Your estimate

This is an estimate only — not a loan offer, not a pre-approval, and not a lending decision. Actual qualification, rate and terms are determined by a lender based on your full financial picture, credit and the property. Talk to a lender before making an offer.

Estimated home price Enter a monthly budget

Assumptions current as of July 2026, reviewed by July 1, 2027. Insurance and PMI defaults above are editable placeholders, not quotes — see the notes beside each field. Lenders usually collect taxes and insurance monthly and pay them when due. That is why a payment quote and a principal-and-interest figure differ, and why an escrow analysis can change your payment even on a fixed-rate loan.

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About this estimate

This tool does not check your credit, income, employment or assets, and it is not a prequalification or preapproval letter. These are ASSUMPTIONS, not statutory rates — unlike src/data/mn-closing-costs.json, nothing here is set by law. Every value is an editable default the visitor can overwrite. Re-check annually, or whenever a default starts producing numbers our agents would argue with.

Using this calculator does not create an agency or lending relationship with Keller Williams Classic Realty.

Keller Williams Classic Realty · North Metro Investments LLC · (763) 746-4900

No obligation

Want to talk through these numbers with someone?

An agent can connect you with a lender who will look at your actual income, debts and credit — the things this calculator does not see — and tell you what you really qualify for.

Talk to an agent (763) 746-4900