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  1. United States
  2. Best Mortgage Brokers
  3. Mortgage Brokers in California
  4. Modesto
  5. Mortgage Affordability Calculator
1 · Your income
2 · Down payment
3 · What you can afford
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Mortgage Affordability Calculator Modesto, CA

How much house can you afford in Modesto? 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 Modesto

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

1

Next Gen Home Loans

Next Gen Home Loans specializes in culturally informed, bilingual mortgage guidance tailored to diverse communities, including Latino families. Their team offers personalized support through fixed and adjustable-rate mortgage options, with clients appreciating clear communication and advocacy throughout the home-buying process. Some find the process detailed but well explained.

Services & Prices
First-Time Home Buyer Loan Quoted per loan
View Profile
(209) 653-0638
Closed Now
909 15th St #1, Modesto, CA 95354
General Services
Home Loan Services
2

Alex The Lender

Known for a fast and patient approach, Alex The Lender helps clients navigate the mortgage process with clear communication and support. The team specializes in pre-approvals and guiding first-time homebuyers through each step. Customers appreciate the friendly, knowledgeable service and responsiveness, even during late hours.

View Profile
(209) 756-6479
Closed Now
1718 H St, Modesto, CA 95354
3

Academy Mortgage - Modesto

Known for patient guidance and clear communication, Academy Mortgage - Modesto helps first-time homebuyers navigate the mortgage process with professionalism and care. The team offers personalized mortgage solutions and is appreciated for making the experience smoother and less stressful. Some customers note the process can take time, but the support remains consistent throughout.

View Profile
(209) 809-2312
Closed Now
1001 Sylvan Ave Bldg B, Modesto, CA 95350
4

Ed Parcaut - Mortgage Broker - Lending For Living

Ed Parcaut - Mortgage Broker - Lending For Living specializes in VA loans with a focus on clear communication and a smooth lending process. The team assists with purchase and refinance loans, often praised for responsiveness and thorough explanations. Some customers note the process can take time, but appreciate the consistent updates and support throughout.

Services & Prices
Conventional Loan Quoted per loan
FHA Loan Quoted per loan
VA Loan Quoted per loan
Cash-Out Refinance Quoted per loan
View Profile
(209) 846-9270
Closed Now
121 Rue De Yoe, Modesto, CA 95354
General Services
Home Loans
5

NorCal Mortgage

NorCal Mortgage specializes in connecting clients with competitive wholesale mortgage rates through an online, boutique approach. They assist first-time buyers, investors, and those refinancing by offering a wide range of loan options and personalized guidance. Customers appreciate their clear communication and responsiveness, though the fully online process may feel less hands-on for some.

Services & Prices
Fixed Rate Mortgage Quoted per loan
Adjustable Rate Mortgage Quoted per loan
FHA Loans Quoted per loan
Rate and Term Refinance Quoted per loan
View Profile
(800) 579-3768
Closed Now
1127 13th St A, Modesto, CA 95354
General Services
Home Purchase Loans
Where they are 10 on the map Click a pin for the profile and directions
6

Sondra Yates, CrossCountry Mortgage

Known for responsive and clear communication, this team guides clients smoothly through home financing with a range of mortgage options including first-time buyer programs, refinancing, and specialized loans. Customers appreciate their knowledgeable, kind approach and proactive support, often noting relief after previous frustrating lender experiences.

View Profile
(209) 495-3562
Open 8:00 AM - 7:00 PM
3001 Coffee Rd Ste 2 & 7, Modesto, CA 95355
7

Josh Dobson - MortgageDadof3

MortgageDadOf3 specializes in mortgage education, offering clear, jargon-free guidance to help buyers and homeowners understand complex mortgage options. The platform provides tools like calculators, down-payment assistance resources, and personalized consultations, with a focus on empowering users rather than pushing sales. Customers appreciate the team’s responsiveness and thorough support… more...

MortgageDadOf3 specializes in mortgage education, offering clear, jargon-free guidance to help buyers and homeowners understand complex mortgage options. The platform provides tools like calculators, down-payment assistance resources, and personalized consultations, with a focus on empowering users rather than pushing sales. Customers appreciate the team’s responsiveness and thorough support, especially when challenges arise.

View Profile
(209) 988-9284
Closed Now
1409 Standiford Ave Ste 1, Modesto, CA 95350
8

Alameda Mortgage Corporation

Family-owned since 1968, Alameda Mortgage Corporation offers a wide range of home loan options, including FHA, VA, USDA, and jumbo loans, tailored to fit various financial needs. Clients appreciate their clear communication, quick closing times, and convenient online portal, though some note the process can require careful document preparation.

View Profile
(209) 568-4941
Closed Now
1101 Sylvan Ave Ste c-102, Modesto, CA 95350
9

THE MORTGAGE DR

Known for its rapid pre-approval process, The Mortgage Dr helps clients move quickly through home purchases and refinancing with clear guidance. The team is accessible via multiple communication channels and works to explore all options, often praised for their responsiveness and willingness to support buyers through challenges.

View Profile
(209) 210-1840
Open 9:00 AM - 7:00 PM
3421 Tully Rd Ste A, Modesto, CA 95350
10

Carrollton Mortgage Co

Carrollton Mortgage Co is known for its thoughtful, personalized mortgage guidance that helps clients feel confident throughout the financing process. The team offers a range of mortgage options and takes time to explain each step clearly, which many customers appreciate, especially first-time homebuyers. Their responsiveness and genuine care are often highlighted in reviews.

View Profile
(209) 526-6200
Closed Now
121 Rue De Yoe Ste C, Modesto, CA 95354

Modesto Mortgage Statistics

Home-purchase lending in Stanislaus County and home costs in Modesto, CA (latest HMDA and Census data)

Lenders made 4,079 home-purchase loans in Stanislaus County in 2025 (average about $411,000) and denied 554 — 12% of decided applications, compared with 12% across California, according to federal mortgage data (HMDA, CFPB). In Modesto, the median home is worth $442,700 and 66% of owners have a mortgage, paying a median $2,099 a month (Census ACS 2020–2024).

Home-purchase loans, 2025
4,079▼ 1%4,117 in 2024
Denial rate
12%CA 12%
Median home value
$442,700CA $734,700
Monthly cost with a mortgage
$2,099median · CA $2,946
Refinance loans made (Stanislaus County, 2025)
2,405 · 1,819 in 2024
Home-improvement loans made (2025)
564
Average home-purchase loan
$411,000 (CA $711,000)
Owners with a mortgage
66% · 34% of them spend 30%+ of income on housing
Median household income
$79,891 (CA $99,122)

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

Modesto Mortgage Brokers stats: 10 businesses compared side by side · updated
# Business Rating Reviews Starting price Phone Website
1 Next Gen Home Loans 5.0 448 Quoted per loan (209) 653-0638 Visit
2 Alex The Lender 5.0 165 — (209) 756-6479 —
3 Academy Mortgage - Modesto 5.0 142 — (209) 809-2312 Visit
4 Ed Parcaut - Mortgage Broker - Lending For Living 5.0 81 Quoted per loan (209) 846-9270 Visit
5 NorCal Mortgage 5.0 77 Quoted per loan (800) 579-3768 Visit
6 Sondra Yates, CrossCountry Mortgage 5.0 73 — (209) 495-3562 Visit
7 Josh Dobson - MortgageDadof3 4.9 69 — (209) 988-9284 Visit
8 Alameda Mortgage Corporation 5.0 62 — (209) 568-4941 Visit
9 THE MORTGAGE DR 4.7 39 — (209) 210-1840 Visit
10 Carrollton Mortgage Co 5.0 14 — (209) 526-6200 Visit

How this Modesto 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.

California 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 0.69% of the home's value a year, the California 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 Modesto mortgage affordability calculator work?
It estimates the highest home price you can afford using income, debts, down payment, and interest rate. It includes mortgage, PMI, and property tax.
How accurate is the Modesto mortgage affordability estimate?
The estimate is a guideline. A lender's pre-approval is needed to confirm your borrowing power, as they verify income, debts, and credit.
What is the debt-to-income ratio for California mortgages?
Lenders often cap housing costs at 31% and total debt payments at 43% of gross monthly income, though some allow more with strong credit.
What is the minimum down payment for a Modesto home?
First-time buyers need at least 3% down for conventional loans and 3.5% for FHA loans. VA and USDA loans may allow 0% down.
How do interest rates affect mortgage affordability in Modesto?
Higher rates increase monthly payments, reducing the home price you can afford. Rates change weekly, affecting affordability.
How do debts impact mortgage qualification in Modesto?
Higher monthly debts reduce the mortgage amount you qualify for, as lenders consider total debt payments in their calculations.
What is the property tax rate in California?
California's property tax is about 0.69% of the home's value annually, based on the 2024 average for owner-occupied homes.
What's the difference between mortgage pre-approval and pre-qualification?
Pre-approval involves lender verification of your financials, while pre-qualification is a preliminary estimate without verification.
How does PMI affect my mortgage in Modesto?
If you put less than 20% down, PMI is added, roughly 0.6% of the loan yearly. It can be removed once the balance is below 80%.

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