Affordability estimator

See what you can comfortably afford.

Answer a few questions and we will estimate the price range you could shop in, what the monthly payment would look like, and which Alta Homes communities fit.

This is only an estimate. It is not a loan approval, and your credit is not checked. Nothing you type is sent to us or saved anywhere. Full disclosures are at the bottom of this page.

Your numbers

Numbers are estimates only. Nothing is verified or saved.

Income and debt
$ Add up everyone who will be on the loan with you.
$ Car payments, student loans, credit card minimums, personal loans, child support. Leave out rent, utilities, groceries, and insurance.
Down payment and credit
% Percent of the purchase price
A rough guess is fine. Nothing is checked.
Your loan
% A starting guess, not a quote. If a lender gave you a rate, use that number.
A home you have in mind
$ See what the payment would look like on a home you are already looking at.
Taxes, insurance, and HOA Filled in for you. Open this only if you want to change them.
Fills in the tax rate and HOA dues below. You can change either one.
% Montgomery County estimate
% / yr Percent of the home value per year
$ /mo

Worth knowing: a brand new home is often taxed on the land alone for the first year. Once the finished house is assessed, the tax bill goes up and your monthly payment goes up with it.

Important disclosures

This is not a loan approval. Alta Homes is a homebuilder, not a mortgage lender or broker. This tool gives an estimate only. It is not an application, a prequalification, a preapproval, a commitment to lend, or a credit decision. It does not check your credit and it does not verify anything you enter. The interest rate shown is an assumption you control, not a quote or an offer. Your annual percentage rate (APR) will be higher than the interest rate once lender fees and mortgage insurance are counted, and only a lender can tell you your APR.

Your choice of lender. You are not required to use Alta Homes' preferred lender, or any lender we suggest, to buy a home from Alta Homes. You are free to shop for and choose any lender you want. Any incentive tied to financing will be disclosed to you in writing in your purchase agreement.

Read the full disclosures

The numbers are assumptions. Results are based only on the figures you type in and on general underwriting guidelines that individual lenders apply differently. Your actual loan amount, interest rate, monthly payment, and approval depend on a lender's review of your credit, income, assets, debts, and the property.

Payment estimates. Payments assume a fixed rate loan for the term selected, repaid in equal monthly installments, and include estimated principal, interest, property taxes, homeowners insurance, mortgage insurance where applicable, and HOA dues. The down payment used is the percentage you entered or the program minimum, whichever is greater. Mortgage insurance estimates assume a 30 year term and are shown for the full term, though conventional mortgage insurance is generally removable once you reach 20% equity. Property tax rates in Montgomery County vary by taxing jurisdiction and change annually, and a newly built home may be assessed on land value alone in its first year, which means the tax portion of your payment can rise afterward. Insurance premiums and HOA dues also vary by community and change over time. Closing costs are not included in these estimates.

Availability. Prices, plans, specifications, features, and availability are subject to change without notice. Not all applicants will qualify. Loan programs shown may have additional eligibility requirements, including geographic, income, military service, and occupancy requirements.

Alta Homes is an Equal Housing Opportunity builder. We do business in accordance with federal, state, and local fair housing laws.