Mortgage and Area Median Income (AMI) Estimator
Use our custom mortgage calculator to find out what your estimated monthly payment and maximum home purchasing price could be when you use the Rural Homes project-specific mortgage product offered by Impact Development Fund and First Southwest Bank of Colorado. This calculator will also tell you your Area Median Income (AMI), which is useful for qualification purposes.
DISCLAIMER: This calculator does not guarantee or imply that you will receive this loan or that this will be your monthly payment or max purchase price. There are many other important factors such as debt to income ratio, loan term, amortization and down payment amounts that factor into your mortgage monthly payment and max purchasing price amounts, and in order to pre-qualify for a mortgage, you must reach out to a lender directly. Feel free to contact us as well if you have questions.