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Review Keywords Analysis

  1. United States
  2. Best Mortgage Brokers
  3. Mortgage Brokers in Alabama
  4. Huntsville
  5. Mortgage Affordability Calculator
1 · Your income
2 · Down payment
3 · What you can afford
Step 1 of 3

Mortgage Affordability Calculator Huntsville, AL

How much house can you afford in Huntsville? See your maximum price, monthly payment and pre-approval estimate. Free, instant, no credit check.

Updated · current rates and lending limits

Add your partner's income if you're buying together.

Car loans, credit cards, lines of credit, student loans. Not rent.

Property tax are for this state.

An estimate, not a mortgage approval or pre-approval. A mortgage broker confirms your real number.

Top-rated mortgage brokers in Huntsville

Ranked by TrustAnalytica from verified reviews · see the full Top 10 list →

1

FirstBank Mortgage

FirstBank Mortgage offers a broad range of mortgage options, including specialized programs for first-time buyers and refinancing, supported by a network of local mortgage bankers. Customers appreciate the team’s clear communication, patience, and personalized guidance throughout the home-buying process, though some note the transition to a new name. Their connection to a larger bank adds… more...

FirstBank Mortgage offers a broad range of mortgage options, including specialized programs for first-time buyers and refinancing, supported by a network of local mortgage bankers. Customers appreciate the team’s clear communication, patience, and personalized guidance throughout the home-buying process, though some note the transition to a new name. Their connection to a larger bank adds security and resources.

View Profile
(800) 200-6462
Closed Now
401 Franklin St SE, Huntsville, AL 35801
2

Supreme Lending

Known for a smooth and straightforward mortgage process, Supreme Lending offers services including home purchase loans, refinancing, and specialized financing options. Customers appreciate the team’s clear communication and support throughout, though some note the process can still feel complex at times. The agents focus on keeping clients informed and easing typical mortgage stress.

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(888) 425-0105
Closed Now
7527 Memorial Pkwy SW Ste B, Huntsville, AL 35802
3

Novus Home Mortgage - Alabama

About Novus Home MortgageNovus Home Mortgage is a dedicated mortgage lender committed to guiding homebuyers and homeowners through their financial journeys. With a focus on personalized service and leveraging the expertise and resources of a leading mortgage provider, Novus aims to simplify the home financing process. They offer a comprehensive suite of loan programs designed to meet diverse… more...

About Novus Home MortgageNovus Home Mortgage is a dedicated mortgage lender committed to guiding homebuyers and homeowners through their financial journeys. With a focus on personalized service and leveraging the expertise and resources of a leading mortgage provider, Novus aims to simplify the home financing process. They offer a comprehensive suite of loan programs designed to meet diverse needs, from first-time homebuyers to seasoned investors. Their mission is to provide clear, accessible, and supportive mortgage solutions, ensuring clients feel confident and informed at every stage, from pre-approval to closing and beyond. The company emphasizes building lasting relationships and empowering individuals to achieve their homeownership and financial goals.Credibility and ExpertiseNovus Home Mortgage operates with a strong commitment to transparency and client success, evidenced by their detailed loan program guidance and personalized consultations. They offer a wide array of loan types, including conventional, FHA, VA, USDA, Non-QM, jumbo financing, and down payment assistance programs, ensuring a solution for nearly every borrower profile. Their team of experienced loan officers provides local insight combined with national lender resources. The company highlights its dedication to making the mortgage process straightforward and stress-free, backed by innovative technology and industry-leading knowledge. This approach aims to build trust and provide reliable support throughout the home buying or refinancing journey.Loan Programs OfferedNovus Home Mortgage provides a comprehensive range of mortgage solutions tailored to various needs. This includes home purchase loans, refinancing options to lower interest rates or payments, and personalized consultations to align with financial goals. They offer specialized programs such as financing for mobile and manufactured homes, investment property loans (including DSCR loans), mortgage solutions for self-employed individuals and 1099 earners using bank statements, down payment assistance programs (offering 3% to 5% assistance), and renovation loans (FHA 203(k), HomeStyle®, VA Renovation Loans). They also cater to conventional, FHA, VA, USDA, Non-QM, jumbo, and construction loans, ensuring a wide spectrum of financing options are available to homebuyers and homeowners.Unique AdvantagesNovus Home Mortgage distinguishes itself through its comprehensive approach to home financing, offering specialized programs like manufactured home loans and DSCR loans for investors. They provide flexible options for self-employed borrowers using bank statements and offer significant down payment assistance. The company emphasizes a clear, supportive process called 'The Novus Path,' integrating experienced loan officers with technology to simplify pre-approval, application, and closing. Their commitment extends to community involvement, with active participation in local initiatives and sponsorships.

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(256) 585-5984
Closed Now
3309 Bob Wallace Ave SW Ste 1, Huntsville, AL 35805
4

Assurance Financial - Huntsville

Assurance Financial - Huntsville focuses on clear communication, making the mortgage process less stressful by thoroughly explaining options and staying accessible for questions. The team offers a range of mortgage services and is appreciated for being helpful and attentive throughout the loan process. Some clients note occasional delays in response times.

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(256) 325-8944
Closed Now
1101 McMurtrie Dr NW Ste B2, Huntsville, AL 35806
5

North Alabama Mortgage Inc

Known for treating clients with personalized care and respect, North Alabama Mortgage Inc focuses on guiding homebuyers through the mortgage process with patience and clear communication. The team offers mortgage solutions tailored to individual needs, and customers appreciate their responsiveness and willingness to explain each step thoroughly.

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(256) 651-3393
Closed Now
7501 Memorial Pkwy SW #100, Huntsville, AL 35802
Where they are 10 on the map Click a pin for the profile and directions
6

Melissa Butler Mortgage Lender

Melissa Butler Mortgage Lender is known for a highly professional team that supports clients through every step of the home loan process. They offer mortgage lending services with a focus on clear communication and efficiency, helping buyers navigate financing smoothly. Customers appreciate their responsiveness and thorough guidance, though some note the fast pace may feel brisk at times.

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(256) 679-3638
Closed Now
7510 Memorial Pkwy SW Suite 100, Huntsville, AL 35802
7

MidTown Mortgage Company, LLC

MidTown Mortgage Company specializes in VA Home Loans and Renovation Lending, offering personalized mortgage solutions nationwide with a community-focused approach. Their agents assist with a variety of loan types, including Conventional, FHA, USDA, and Jumbo loans, often praised for clear communication and support throughout the process. Some clients note occasional paperwork challenges, but the… more...

MidTown Mortgage Company specializes in VA Home Loans and Renovation Lending, offering personalized mortgage solutions nationwide with a community-focused approach. Their agents assist with a variety of loan types, including Conventional, FHA, USDA, and Jumbo loans, often praised for clear communication and support throughout the process. Some clients note occasional paperwork challenges, but the team’s guidance helps keep things moving smoothly.

Services & Prices
Conventional Loans Quoted per loan
VA Home Loans Quoted per loan
FHA Loans Quoted per loan
Construction-to-Permanent Loans Quoted per loan
View Profile
(256) 585-2000
Closed Now
475 Providence Main St NW Ste 201A, Huntsville, AL 35806
General Services
Mortgage Lending
8

Tyler Wilson & The Clear To Close Team

Specializing in a wide range of mortgage options, Tyler Wilson & The Clear To Close Team helps clients navigate home buying, refinancing, and investment financing with clear communication and expert guidance. Customers appreciate their straightforward approach and smooth process, often noting the team’s honesty and helpfulness throughout.

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(256) 348-2735
Open 00:00 - 23:59
7027 Old Madison Pike Ste 108, Huntsville, AL 35806
9

Tim Byrne Mortgage Lender

Known for providing a personalized, small-town feel, Tim Byrne Mortgage Lender offers mortgage lending services with a focus on clear communication and availability, including evenings and weekends. The team helps clients navigate home purchases smoothly, often maintaining mortgage management long-term. Customers appreciate the transparent process and attentive support throughout.

Services & Prices
Home Purchase Mortgage Quoted per loan
Refinancing Quoted per loan
Mortgage Management Quoted per loan
Fixed Rate Mortgages Quoted per loan
View Profile
(256) 542-1517
Open 00:00 - 23:59
415 Meridian St N, Huntsville, AL 35801
General Services
Mortgage Services
10

Lawhorn & Associates Mortgage Company

Lawhorn & Associates Mortgage Company specializes in VA One-time-close construction loans and refinancing options, offering personalized guidance throughout the mortgage process. The team stays in close contact with clients, helping navigate paperwork and addressing issues promptly. Some customers note occasional delays due to document gathering on their end.

Services & Prices
Home Loan Quoted per loan
Refinance Loan Quoted per loan
VA One-Time-Close Construction Loan Quoted per loan
View Profile
(256) 539-0555
Closed Now
100 Jefferson St N Suite 100B, Huntsville, AL 35801
General Services
Mortgage Services

Huntsville Mortgage Statistics

Home-purchase lending in Madison County and home costs in Huntsville, AL (latest HMDA and Census data)

Lenders made 6,816 home-purchase loans in Madison County in 2025 (average about $320,000) and denied 855 — 11% of decided applications, compared with 20% across Alabama, according to federal mortgage data (HMDA, CFPB). In Huntsville, the median home is worth $293,600 and 60% of owners have a mortgage, paying a median $1,573 a month (Census ACS 2020–2024).

Home-purchase loans, 2025
6,816▲ 1%6,739 in 2024
Denial rate
11%AL 20%
Median home value
$293,600AL $209,900
Monthly cost with a mortgage
$1,573median · AL $1,433
Refinance loans made (Madison County, 2025)
3,472 · 2,858 in 2024
Home-improvement loans made (2025)
940
Average home-purchase loan
$320,000 (AL $278,000)
Owners with a mortgage
60% · 21% of them spend 30%+ of income on housing
Median household income
$74,714 (AL $63,999)

Source: CFPB / FFIEC Home Mortgage Disclosure Act (HMDA) data, 2024–2025 loan applications in Madison County (originated vs denied); home values and costs: U.S. Census Bureau ACS 2020–2024. Compiled by TrustAnalytica.

Huntsville Mortgage Brokers stats: 10 businesses compared side by side · updated
# Business Rating Reviews Starting price Phone Website
1 FirstBank Mortgage 5.0 603 — (800) 200-6462 Visit
2 Supreme Lending 4.7 412 — (888) 425-0105 Visit
3 Novus Home Mortgage - Alabama 5.0 217 — (256) 585-5984 Visit
4 Assurance Financial - Huntsville 5.0 211 — (256) 325-8944 Visit
5 North Alabama Mortgage Inc 5.0 195 — (256) 651-3393 Visit
6 Melissa Butler Mortgage Lender 5.0 145 — (256) 679-3638 Visit
7 MidTown Mortgage Company, LLC 5.0 135 Quoted per loan (256) 585-2000 Visit
8 Tyler Wilson & The Clear To Close Team 5.0 120 — (256) 348-2735 Visit
9 Tim Byrne Mortgage Lender 5.0 111 Quoted per loan (256) 542-1517 Visit
10 Lawhorn & Associates Mortgage Company 4.9 72 Quoted per loan (256) 539-0555 Visit

How this Huntsville mortgage affordability calculator works

Lenders look at your debt-to-income ratio. Housing costs (principal and interest, property tax, homeowners insurance and mortgage insurance) should stay under about 31% of your gross monthly income, and housing plus your other monthly debts under 43%. The calculator finds the highest home price that passes both tests with your down payment, on a 30-year fixed loan.

Alabama rules and numbers this calculator uses

Debt-to-income
31% for housing and 43% total, the FHA standard and the long-time Qualified Mortgage limit. Some conventional loans go higher with strong credit and savings.
Down payment
At least 3% on a conventional first-time buyer loan (3.5% on FHA). Under 20% down, private mortgage insurance of about 0.6% of the loan a year is added to the payment.
Property tax
About 0.37% of the home's value a year, the Alabama average for owner-occupied homes (2024 Census ACS).
Insurance
Homeowners insurance assumed at $150 a month; it varies a lot by home and location.
Rate
Starts at 7.40% (Freddie Mac 30-year average, October 2026). Change it to the rate you have been quoted.

An estimate, not a mortgage approval or pre-approval. Your credit, income type, the property and the lender all change the answer; a mortgage broker confirms your real number. Sources: Freddie Mac Primary Mortgage Market Survey (October 2026), U.S. Census Bureau American Community Survey 2024 property tax data, FHA and CFPB debt-to-income guidance.

Frequently asked questions

9 questions
How does the mortgage affordability calculator work?
It estimates the highest home price you can qualify for based on income, debts, down payment, and interest rate. It includes PMI and property tax.
What is the debt-to-income ratio for mortgages in Alabama?
Lenders typically cap housing costs at 31% of gross monthly income and total debt payments at 43%. Some loans may allow more with strong credit.
What is the minimum down payment for a mortgage in Huntsville?
First-time buyers can put down as little as 3% on conventional loans and 3.5% on FHA loans. VA and USDA loans may allow 0% down for eligible buyers.
How does PMI affect my mortgage in Alabama?
With less than 20% down, conventional loans add PMI, about 0.6% of the loan annually. It can usually be removed once the loan balance falls below 80% of the home's value.
How do interest rates impact mortgage affordability?
Higher rates increase monthly payments, reducing the home price you can afford. The calculator starts at 7.40%, but rates change weekly.
How do monthly debts affect my mortgage qualification?
Monthly debts reduce the amount you can borrow. Lenders consider total debt payments, including the new mortgage, should not exceed 43% of your income.
What are property taxes like in Huntsville, Alabama?
Property tax in Alabama is about 0.37% of the home's value annually, based on the 2024 average for owner-occupied homes.
What is the difference between pre-approval and pre-qualification?
Pre-approval involves lender verification of income, debts, and credit, providing a more accurate estimate. Pre-qualification is a basic estimate without verification.
What does a mortgage broker do in Huntsville?
A mortgage broker helps find loan options that fit your needs by connecting you with lenders. They do not lend money themselves.

General information, not financial advice — consult a qualified professional.