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Finance your Home

Finance your home

Your home is an investment in your future, and we believe everyone should buy with confidence. Use our finance tools and resources to understand your financial position in today's market.

Click below or scroll down to learn more about financing your home.

Home Affordability Calculator

How much home can you afford in the market of your choice? By entering details about your income, monthly debt, and down payment, you can estimate the mortgage amount that works with your budget.


Enter your desired area and select a community. Why? Selecting a Lennar community will include the HOA fee, tax rate, and other fees specific to that community, in your affordability estimate.

Home affordability varies by state and county. We focus your search to a Lennar community to estimate interest rates, tax rates, and cost of home insurance.


Annual Income

Combine all pre-tax income from you and your co-buyer.

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Monthly Debt

Include debt like car loans, student loans, minimum payments on credit cards, etc. and recurring payments like insurance, utilities, alimony, child support, etc.

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Down Payment

If your down payment is less than 20% of your home’s purchase price, you may have to pay Private Mortgage Insurance (PMI).

If you or your spouse served in the military, you may qualify for a $0 down VA loan.

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You pay Private Mortgage Insurance (PMI) until you accrue 20% equity in your home.



You could afford a home worth

Conservative Moderate Aggressive

Your debt-to-income ratio is {{formatNumber(currentPeriod.dtir)}}%. Your DTI ratio is one way a lender measures your ability to manage monthly payments. Divide your monthly debt by your gross monthly income, and express the number as a percentage. Aim for less than 36%.

Monthly budget breakdown

How much could you afford for just $25, $50, or $100 more per month:

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Save to myLennar

Lennar provides this calculator as a courtesy to you in order to estimate your financial needs. These estimates are based on information you provided, and we make no warranty of the accuracy of this calculator, and its applicability to your circumstances are not guaranteed. We encourage you to consult with your own financial advisor regarding questions specific to your financial situation.

For accurate numbers, apply for Pre-Approval with Lennar Mortgage.


We could not calculate an affordable home price for you. Try increasing the income amount and/or reducing the debt amount.

Homes within your budget and location

Find your new home in one of the {{stateCount}} states with beautiful Lennar communities:
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Finance Articles

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