Loading FinTrex page
Property Affordability
Combine mortgage and entered maintenance, insurance, service/tax and other ownership costs.
Changing currency affects display formatting only. FinTrex does not convert exchange rates or mix currencies inside a calculation.
FinTrex result
True Cost of Home Ownership
Modeled monthly ownership cost
$2,420
Mortgage payment
$1,779
Non-mortgage ownership costs
$642
What changes this most?
Affordability is stronger when you test the whole ownership cost, not just the mortgage payment.
Sensitivity check
A roughly 10% move in mortgage balance / amount changes the modeled headline result by up to $178 in this setup.
Actual maintenance, taxes, service charges, insurance and mortgage rates vary. Enter your own assumptions.
Use the number fields, sliders, or a quick preset. You can fully clear a field while editing.
Formula
Monthly mortgage principal-and-interest is combined with entered maintenance, insurance, service/tax and other recurring ownership costs.
The mortgage uses standard fixed-rate amortisation. Maintenance is modeled as an annual percentage of property value. All non-mortgage costs are explicit user assumptions.
Editable rates, growth assumptions, prices, fees, and percentages are planning inputs unless the calculator explicitly identifies a current source.
Related analysis
Property Affordability
Test borrowing capacity, deposit timing, mortgage stress and the full cost of buying or owning a home.
Open →Car Affordability
Combine finance with insurance, tax, fuel or charging, maintenance and modeled depreciation before comparing options.
Open →Tax
Use versioned UK tax tools for take-home, bonuses, dividends, capital gains, self-employment and VAT without treating FinTrex as a tax adviser.
Open →