Calculate your monthly mortgage payment and debt-to-income ratio with current April 2025 rates. Get real-time estimates based on today's market conditions and your financial situation.
Note: All calculations are estimates. Actual rates and payments may vary based on your specific situation.
Current April 2025 market rates are around 7.2%. Use this calculator to estimate your monthly mortgage payment based on today's rates.
Disclaimer: This is an estimate only. Actual rates and payments will depend on your specific situation, credit score, and lender requirements.
Lender Guidelines:
Your debt-to-income ratio (DTI) is a key factor lenders use to determine how much home you can afford. It's calculated by dividing your total monthly debt payments (including your new mortgage payment) by your gross monthly income.
Most lenders prefer a DTI ratio below 43%, though some may accept higher ratios depending on other factors like your credit score and down payment amount.
If your DTI ratio is high, consider:
Current market conditions (as of April 2025) show interest rates around 7.2%. These are estimated payments:
Your estimated monthly payment includes:
Estimated Credit Score Impact (April 2025): Your credit score plays a crucial role in your mortgage terms:
* All rates and payments are estimates. Actual terms will depend on your specific situation, credit score, and lender requirements.