Know your number before you tour.
Run a full payment breakdown or work backwards from your income to a realistic purchase price. Every listing on BWSRE carries the same math.
Payment calculator
Adjust price, down payment, rate and term to see the full monthly carry.
Monthly payment estimate
- Principal & interest
- $4,276
- Property taxes
- $779
- Homeowners insurance
- $319
Estimates only. Taxes and insurance are modeled at national averages and vary by county and carrier.
Affordability calculator
Based on the 36% debt-to-income ratio conventional lenders underwrite to.
Down payment strategy
20% down removes mortgage insurance. Below that, budget roughly 0.6% of the loan per year in PMI until you reach 20% equity.
Rate buydowns
A permanent buydown typically costs about 1% of the loan per 0.25% of rate. Break-even is usually four to six years.
Get pre-approved first
Sellers in competitive markets rarely consider offers without a verified pre-approval letter attached.
Investor underwriting
For rentals, compare the payment here against the listing's cap rate and gross yield before committing.