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Review Keywords Analysis

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

Mortgage Affordability Calculator Tallahassee, FL

How much house can you afford in Tallahassee? 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 Tallahassee

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

1

The Quinn Cooke Team-- Mortgage Lender

The Quinn Cooke Team specializes in guiding clients through mortgage financing with clear communication and efficient handling, including expertise in self-employed income. They assist with securing competitive rates and making the often complex process more manageable. Customers appreciate their responsiveness and smooth coordination throughout each transaction.

Services & Prices
Home Purchase Financing Quoted per loan
Refinancing Quoted per loan
Investment Property Financing Quoted per loan
View Profile
(850) 508-5629
Open 8:00 AM - 8:00 PM
2360 Centerville Rd, Tallahassee, FL 32308
General Services
Mortgage Financing
2

Michael Forslund | Mortgage Advisor & Reverse Mortgage Planner I Fairway Independent Mortgage Corporation

Specializing in mortgage and reverse mortgage planning, this team offers attentive, consultative support throughout the loan process. They assist with a range of financing options and are known for clear communication and responsiveness, helping clients navigate tight deadlines smoothly. Some find the process demanding, but the agents remain accessible and proactive.

Services & Prices
Conventional Loans Quoted per loan
FHA Loans Quoted per loan
VA Loans Quoted per loan
View Profile
(850) 980-4400
Open 8:30 AM - 8:00 PM
3520 Thomasville Rd Ste 201-I, Tallahassee, FL 32309
General Services
Mortgage Lending
3

Greg Jacobs at Movement Mortgage, Certified Mortgage Advisor

Certified Mortgage Advisor Greg Jacobs at Movement Mortgage focuses on clear communication and personalized guidance to simplify the home-buying process. The team assists with loan options, affordability tools, and online payment setup, helping clients navigate each step with confidence. Customers appreciate their responsiveness and support, especially in time-sensitive situations.

View Profile
(850) 491-8611
Open 8:00 AM - 8:00 PM
2360 Centerville Rd, Tallahassee, FL 32308
4

Michelle Bailey at Delmar Mortgage, Tallahassee, FL

Delmar Mortgage brings over 60 years of experience to homebuyers and those refinancing in Tallahassee and beyond, offering a wide range of loan programs including down payment assistance. The team is known for patient guidance and clear communication, helping clients navigate the mortgage process with care and attention to detail.

View Profile
(850) 270-9788
Open 7:00 AM - 6:00 PM
231 E Virginia St Ste A, Tallahassee, FL 32301
5

Synergy Mortgage Group, LLC

Synergy Mortgage Group, LLC is known for its responsive and knowledgeable team that guides clients through the mortgage process with clear explanations and personalized attention. They assist with home financing and refinancing, helping to make what can be a stressful experience feel manageable. Some clients note the process can take time, but many appreciate the thorough support throughout.

Services & Prices
Home Purchase Loans Quoted per loan
Refinancing Quoted per loan
Pre-Approval Quoted per loan
View Profile
(850) 878-0001
Open 8:00 AM - 5:00 PM
2567 Capital Medical Blvd, Tallahassee, FL 32308
General Services
Mortgage Services
Where they are 10 on the map Click a pin for the profile and directions
6

University Lending Group

University Lending Group focuses on guiding clients through the mortgage process with clear communication and responsiveness. Their team helps buyers understand each step, from application to closing, often securing competitive rates. Customers appreciate their professionalism and consistent updates, though some note the process can feel detailed at times.

Services & Prices
Home Purchase Loans Quoted per loan
Refinancing Loans Quoted per loan
First-Time Homebuyer Assistance Quoted per loan
View Profile
(850) 296-1699
Open 8:30 AM - 5:00 PM
1501 E Park Ave, Tallahassee, FL 32301
General Services
Mortgage Services
7

Capital City Home Loans

Capital City Home Loans is known for its experienced team who provide personal attention throughout the mortgage process. They offer a range of home loan services and work closely with clients and realty teams to secure favorable terms. While communication is clear and supportive, some customers note that closing costs can be higher than anticipated.

View Profile
(850) 427-8988
Open 9:00 AM - 5:00 PM
1545 Raymond Diehl Rd Suite 110, Tallahassee, FL 32308
8

loanDepot

LoanDepot offers a Lifetime Guarantee on refinances, a feature that many customers appreciate for its long-term value. They provide a broad range of mortgage options, including purchase loans, refinances, HELOCs, and renovation loans, supported by a team known for clear communication and timely service. Some clients note the process can feel fast-paced but generally find the guidance helpful… more...

LoanDepot offers a Lifetime Guarantee on refinances, a feature that many customers appreciate for its long-term value. They provide a broad range of mortgage options, including purchase loans, refinances, HELOCs, and renovation loans, supported by a team known for clear communication and timely service. Some clients note the process can feel fast-paced but generally find the guidance helpful throughout.

Services & Prices
Conventional Loans Quoted per loan
Renovation Loans Quoted per loan
FHA Loans Quoted per loan
View Profile
(850) 692-7600
Open 9:00 AM - 5:00 PM
1923 Capital Cir NE Apt B, Tallahassee, FL 32308
General Services
Mortgage Loans
9

FHG Capital

Known for their transparent pricing and quick pre-approvals, FHG Capital serves homebuyers and homeowners across Florida and Georgia with a wide range of mortgage options, including FHA, VA, jumbo, and renovation loans. The team is praised for clear communication and steady support throughout the process, though some clients note the experience can require patience during complex cases.

Services & Prices
Pre-Approval Services Quoted per loan
Market Analysis Quoted per loan
View Profile
(850) 583-1870
Open 8:30 AM - 6:00 PM
1334 Timberlane Rd #15, Tallahassee, FL 32312
General Services
Home Financing
10

First Community Mortgage

First Community Mortgage focuses on borrower education and offers a variety of loan programs, including Conventional, FHA, VA, and USDA options. The team provides helpful resources and personalized guidance throughout home purchases and refinancing. Some clients find the loan officers supportive, though others mention challenges reaching customer service after closing.

Services & Prices
Refinancing Assistance Quoted per loan
View Profile
(850) 508-8946
Open 9AM - 5PM
2260 Wednesday St Ste 100, Tallahassee, FL 32308
General Services
Mortgage Services

Tallahassee Mortgage Statistics

Home-purchase lending in Leon County and home costs in Tallahassee, FL (latest HMDA and Census data)

Lenders made 2,796 home-purchase loans in Leon County in 2025 (average about $303,000) and denied 490 — 15% of decided applications, compared with 17% across Florida, according to federal mortgage data (HMDA, CFPB). In Tallahassee, the median home is worth $294,400 and 63% of owners have a mortgage, paying a median $1,760 a month (Census ACS 2020–2024).

Home-purchase loans, 2025
2,796▼ 1%2,825 in 2024
Denial rate
15%FL 17%
Median home value
$294,400FL $359,000
Monthly cost with a mortgage
$1,760median · FL $1,959
Refinance loans made (Leon County, 2025)
1,153 · 896 in 2024
Home-improvement loans made (2025)
322
Average home-purchase loan
$303,000 (FL $416,000)
Owners with a mortgage
63% · 26% of them spend 30%+ of income on housing
Median household income
$57,409 (FL $74,568)

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

Tallahassee Mortgage Brokers stats: 10 businesses compared side by side · updated
# Business Rating Reviews Starting price Phone Website
1 The Quinn Cooke Team-- Mortgage Lender 5.0 285 Quoted per loan (850) 508-5629 Visit
2 Michael Forslund | Mortgage Advisor & Reverse Mortgage Planner I Fairway Independent Mortgage Corporation 5.0 216 Quoted per loan (850) 980-4400 Visit
3 Greg Jacobs at Movement Mortgage, Certified Mortgage Advisor 5.0 180 — (850) 491-8611 Visit
4 Michelle Bailey at Delmar Mortgage, Tallahassee, FL 4.9 165 — (850) 270-9788 Visit
5 Synergy Mortgage Group, LLC 5.0 97 Quoted per loan (850) 878-0001 Visit
6 University Lending Group 4.5 63 Quoted per loan (850) 296-1699 Visit
7 Capital City Home Loans 4.6 49 — (850) 427-8988 Visit
8 loanDepot 4.6 40 Quoted per loan (850) 692-7600 Visit
9 FHG Capital 5.0 28 Quoted per loan (850) 583-1870 Visit
10 First Community Mortgage 4.4 14 Quoted per loan (850) 508-8946 Visit

How this Tallahassee 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.

Florida 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 0.76% of the home's value a year, the Florida 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 estimate what I can afford?
It uses your income, debts, down payment, interest rate, and first-time buyer status to estimate the highest home price you may qualify for in Tallahassee.
What is the debt-to-income ratio for mortgages in Florida?
Lenders often cap housing costs at 31% of gross monthly income and total debt at 43%. Some conventional loans allow more with strong credit.
What is the minimum down payment for a first-time buyer in Tallahassee?
First-time buyers can put down as little as 3% on conventional loans or 3.5% on FHA loans. VA and USDA loans may allow 0% down.
How does private mortgage insurance (PMI) affect my mortgage?
If your down payment is under 20%, PMI is added, costing about 0.6% of the loan yearly. It can be removed when the loan balance is under 80% of the home's value.
How do interest rates impact how much house I can afford?
Higher interest rates increase monthly payments, reducing the home price you can afford. Rates change weekly; check current rates for an accurate estimate.
How do my debts affect my mortgage qualification?
Higher monthly debt payments reduce the amount you can borrow for a mortgage. Keeping total debt payments under 43% of income is common.
What are property taxes like in Florida?
Property taxes in Florida average about 0.76% of the home's value annually, based on 2024 data for owner-occupied homes.
What's the difference between mortgage pre-approval and pre-qualification?
Pre-approval involves verifying income, debts, and credit, providing a more accurate estimate. Pre-qualification is a preliminary assessment without verification.
What role does a mortgage broker play in Tallahassee?
A mortgage broker helps you find and apply for mortgage loans by comparing options from various lenders to suit your financial situation.

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