Mortgage Affordability Calculator Moreno Valley, CA
How much house can you afford in Moreno Valley? 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.
Enter your yearly household income.
Savings and gifts from family count. Many first-time buyer loans need just 3% down; under 20% you pay mortgage insurance.
7.40% (Freddie Mac 30-year average, October 2026). Change it if you've been quoted a rate.
Enter your down payment.
| After | Paid in total | Still owed |
|---|
Darlena Moore
5.0 · 54 reviews · Free pre-approval
Get pre-approved →
Menke Real Estate & Mortgage
4.6 · 17 reviews · Free pre-approval
Get pre-approved →
Summit Home and Lending
4.4 · 7 reviews · Free pre-approval
Get pre-approved →
An estimate, not a mortgage approval or pre-approval. A mortgage broker confirms your real number.
Top-rated mortgage brokers in Moreno Valley
Ranked by TrustAnalytica from verified reviews · see the full Top 10 list →
Darlena Moore
Licensed in California with over 20 years of experience, this mortgage broker specializes in FHA, VA, Conventional, and Private Money loans. The team also offers property sales, purchases, Notary, and Living Trust services, guiding clients through complex transactions with clear communication. Customers appreciate the thorough, timely service and knowledgeable support throughout the process.
Menke Real Estate & Mortgage
Menke Real Estate & Mortgage is known for its hands-on approach and deep knowledge in both real estate and mortgage services. The team guides clients through buying or selling homes with clear explanations and reliable support, often going beyond typical broker duties. Customers appreciate their professionalism and personal care, though some note the process can be influenced by current market… more...
Menke Real Estate & Mortgage is known for its hands-on approach and deep knowledge in both real estate and mortgage services. The team guides clients through buying or selling homes with clear explanations and reliable support, often going beyond typical broker duties. Customers appreciate their professionalism and personal care, though some note the process can be influenced by current market conditions.
Summit Home and Lending
Known for thoroughness and clear communication, Summit Home and Lending specializes in home loans, refinancing, and HELOCs. The team is praised for explaining the process in detail and helping clients find favorable rates and terms. Some clients note the process can take time, but appreciate the integrity and care throughout.
Rate Trac Mortgage
Rate Trac Mortgage specializes in quick, tailored loan solutions, often closing within 14 days to help buyers act fast in competitive markets. They offer a range of services including home purchase loans, refinancing, and cash-out options, supported by AI-powered pre-approvals and a Buyer Readiness Report. Clients appreciate the team’s clear communication and personalized guidance throughout the… more...
Rate Trac Mortgage specializes in quick, tailored loan solutions, often closing within 14 days to help buyers act fast in competitive markets. They offer a range of services including home purchase loans, refinancing, and cash-out options, supported by AI-powered pre-approvals and a Buyer Readiness Report. Clients appreciate the team’s clear communication and personalized guidance throughout the process.
Moreno Valley Mortgage Statistics
Home-purchase lending in Riverside County and home costs in Moreno Valley, CA (latest HMDA and Census data)Lenders made 23,710 home-purchase loans in Riverside County in 2025 (average about $528,000) and denied 3,770 — 14% of decided applications, compared with 12% across California, according to federal mortgage data (HMDA, CFPB). In Moreno Valley, the median home is worth $503,700 and 78% of owners have a mortgage, paying a median $2,281 a month (Census ACS 2020–2024).
- Home-purchase loans, 2025
- 23,710▼ 7%25,611 in 2024
- Denial rate
- 14%CA 12%
- Median home value
- $503,700CA $734,700
- Monthly cost with a mortgage
- $2,281median · CA $2,946
- Refinance loans made (Riverside County, 2025)
- 16,353 · 12,408 in 2024
- Home-improvement loans made (2025)
- 3,909
- Average home-purchase loan
- $528,000 (CA $711,000)
- Owners with a mortgage
- 78% · 41% of them spend 30%+ of income on housing
- Median household income
- $93,222 (CA $99,122)
Source: CFPB / FFIEC Home Mortgage Disclosure Act (HMDA) data, 2024–2025 loan applications in Riverside County (originated vs denied); home values and costs: U.S. Census Bureau ACS 2020–2024. Compiled by TrustAnalytica.
| # | Business | Rating | Reviews | Starting price | Phone | Website |
|---|---|---|---|---|---|---|
| 1 | Darlena Moore | 5.0 | 54 | $200 | (951) 242-3415 | Visit |
| 2 | Menke Real Estate & Mortgage | 4.6 | 17 | Quoted per loan | (855) 763-7653 | Visit |
| 3 | Summit Home and Lending | 4.4 | 7 | — | (951) 217-9533 | — |
| 4 | Rate Trac Mortgage | 5.0 | 4 | — | (888) 789-8088 | Visit |
| 5 | Puente de Oro Home Loans | 5.0 | 3 | — | (909) 363-6625 | — |
How this Moreno Valley 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
10 questionsHow does the mortgage affordability calculator work?
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What is the property tax rate in California?
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General information, not financial advice — consult a qualified professional.