How Much Home Can I Afford?

When you're buying a home, mortgage lenders don't look just at your income, assets, and the down payment you have. They look at all of your liabilities and obligations as well, including auto loans, credit card debt, child support, potential property taxes and insurance, and your overall credit rating. Use our new house calculator to determine how much of a mortgage you may be able to obtain.

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Mortgage Rates

Term Interest Rate APR²
30 Year 6.930% 6.999%
30 Year Jumbo 7.615% 7.634%
20 Year 6.411% 6.499%
15 Year 6.015% 6.124%
15 Year Jumbo 6.844% 6.874%
10 Year 5.846% 5.999%
5/1 Year ARM⁴ 6.000% 6.885%
7/1 Year ARM⁴ 6.250% 6.853%
30 Year FHA 6.875% 7.681%
15 Year FHA 6.500% 7.579%
30 Year VA 6.875% 7.731%

Check out these curated blogs from American Heritage to learn about loan payoff options!

Your Guide to First-Time Homebuyer Assistance Programs

Has buying a first home seemed like an impossible task? You're not alone in this feeling, but the truth is there are lots of resources and tools out there for first-time homebuyers! Assistance programs are designed with first-time buyers in mind and provide you with the education and financial support you need to fulfill your dream of becoming a homeowner.
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Preapproval: An Important Step in the Loan Process

There are several steps before you purchase a home or buy your next vehicle. One of the first steps in these processes is to be preapproved for a loan. While a preapproval may seem unnecessary at first, the truth is that it’s a critical step in the loan process which can help make your end goal of buying a home or finding your next car easier.
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10 Common Mortgage Myths Debunked

Buying a home is a big step, both emotionally and financially. Naturally, you want the most accurate information to guide you through this process. However, a surprising amount of misinformation is out there, sometimes unintentionally passed along.
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three children building a treehouse.

Mortgages from American Heritage

Whether you are buying a home or refinancing, explore competitive mortgage rates designed to fit your budget.
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