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Review Keywords Analysis

  1. United States
  2. Best Mortgage Brokers
  3. Mortgage Brokers in New York
  4. Rochester
  5. Mortgage Affordability Calculator
1 · Your income
2 · Down payment
3 · What you can afford
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Mortgage Affordability Calculator Rochester, NY

How much house can you afford in Rochester? 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 Rochester

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

1

PrimeLending, A PlainsCapital Company - Monroe

Known for its streamlined digital process and specialized VA loan programs, PrimeLending, A PlainsCapital Company in Monroe offers a full range of home financing options including purchase, refinance, and renovation loans. The team is praised for clear communication and patience, guiding clients smoothly through each step despite occasional technical challenges.

Services & Prices
Pre-approval Quoted per loan
Closing Assistance Quoted per loan
View Profile
(585) 625-0866
Closed Now
3144 S Winton Rd Ste 600, Rochester, NY 14623
General Services
Mortgage Services
2

Premium Mortgage Corporation

Known for clear communication and quick responses, Premium Mortgage Corporation helps make home buying smoother and less stressful. The team assists with pre-approvals and closings, often finishing sooner than expected. Customers appreciate their knowledgeable approach, though a few note the process can feel fast-paced.

Services & Prices
Pre-Approval Quoted per loan
Closing Assistance Quoted per loan
Timeline Management Quoted per loan
Checklist Provision Quoted per loan
View Profile
(585) 241-0000
Closed Now
2541 Monroe Ave, Rochester, NY 14618
General Services
Mortgage Services
3

Robb E Everhart | Fairway Independent Mortgage Corporation Area Manager

Fairway Independent Mortgage Corporation focuses on guiding clients through a variety of loan options with clear communication and personalized support. Their services include loans for buying, building, refinancing, and specialized programs like physician and renovation loans. Customers appreciate the team’s responsiveness and the smooth, fast process from application to closing.

View Profile
(585) 507-9962
Closed Now
3246 Monroe Ave Ste 250, Rochester, NY 14618
4

Joe Petralia, Mortgage Loan Officer @ Genesee Regional Bank (GRB)

Genesee Regional Bank (GRB) focuses on providing timely mortgage pre-approvals and competitive loan rates, helping clients move quickly in competitive markets. The team offers responsive communication and support throughout the loan process, making it straightforward and accessible. Customers appreciate the ease of working with them and their helpful, resourceful approach.

Services & Prices
Pre-Approval Quoted per loan
Refinancing Quoted per loan
Home Purchase Loans Quoted per loan
View Profile
(585) 402-5084
Open 6:00 AM - 8:00 PM
1850 S Winton Rd, Rochester, NY 14618
General Services
Mortgage Services
5

Oxford Capital Mortgage

Oxford Capital Mortgage has been serving borrowers since 2004 with a focus on working exclusively for the client, not the lender. They offer a broad range of loan options, including FHA, VA, and construction loans, aiming to simplify the mortgage process. Customers appreciate the team’s personalized support and responsiveness throughout closing.

Services & Prices
Home Purchase Loans Quoted per loan
Refinancing Quoted per loan
Pre-approval Services Quoted per loan
View Profile
(585) 232-7202
Closed Now
16 W Main St #231, Rochester, NY 14614
General Services
Mortgage Services
Where they are 10 on the map Click a pin for the profile and directions
6

AnnieMac Home Mortgage

About AnnieMac Home MortgageAnnieMac Home Mortgage is a privately owned retail mortgage lender dedicated to helping individuals and families achieve their homeownership dreams. With a focus on competitive rates and expert guidance, the company offers a comprehensive suite of mortgage solutions. AnnieMac prides itself on its commitment to customer service, aiming to make the home buying and… more...

About AnnieMac Home MortgageAnnieMac Home Mortgage is a privately owned retail mortgage lender dedicated to helping individuals and families achieve their homeownership dreams. With a focus on competitive rates and expert guidance, the company offers a comprehensive suite of mortgage solutions. AnnieMac prides itself on its commitment to customer service, aiming to make the home buying and refinancing process as smooth and transparent as possible. They leverage technology and a knowledgeable team to provide personalized support throughout the loan journey, ensuring clients are well-informed and confident in their decisions. Their mission is to be a trusted partner in real estate financing, fostering long-term relationships built on integrity and exceptional service.Industry ExpertiseAnnieMac Home Mortgage operates with a strong foundation of industry knowledge and adherence to regulatory standards. As a licensed mortgage lender, they are committed to transparency and consumer protection, as evidenced by their NMLS ID# 338923 and readily available licensing information. The company emphasizes providing accurate and reliable information to borrowers, empowering them to make sound financial choices. Their team of loan originators is equipped with the expertise to navigate complex mortgage landscapes, offering guidance on various loan products and market conditions. This dedication to professionalism and compliance ensures a trustworthy experience for all clients.AnnieMac OffersAnnieMac Home Mortgage provides a wide array of mortgage products designed to meet diverse client needs. These include purchase loans for those looking to buy a new home, refinance loans to potentially lower monthly payments or access equity, and construction loans for custom home builds. They also offer specialized programs like Cash2Keys, HELOCs, and renovation loans. Additionally, AnnieMac provides valuable resources such as purchase and refinance calculators, buyer guides, and informative articles to assist clients in their decision-making process. Their service areas encompass a broad range of mortgage needs, with a focus on delivering tailored solutions and competitive rates.Unique AdvantagesAnnieMac Home Mortgage distinguishes itself through its comprehensive loan options, including specialized programs like Cash2Keys and Rate Relief. They offer robust resources such as calculators and buyer guides to empower consumers. The company also highlights its commitment to transparency with readily available NMLS information and licensing details.

View Profile
(585) 419-6651
Closed Now
1200 Jefferson Rd #205, Rochester, NY 14623
7

Haus Capital Corporation

Known for guiding clients smoothly through the home-buying process, Haus Capital Corporation offers mortgage brokerage services with clear communication and personalized support. The team assists with various mortgage needs, and customers appreciate their responsiveness and ability to meet tight deadlines, making complex decisions easier to navigate.

Services & Prices
Home Purchase Loans Quoted per loan
Refinancing Quoted per loan
Pre-Approval Services Quoted per loan
View Profile
(585) 461-5656
Closed Now
42 S Washington St Suite 102, Rochester, NY 14608
General Services
Mortgage Services
8

Homestead Funding Corp: Sherri Forbes | NMLS# 589663

With nearly 40 years as a licensed mortgage banker, Homestead Funding Corp focuses on guiding borrowers through the home financing process with clear explanations and personalized support. Their team offers a variety of loan programs, including reverse mortgages, and is known for keeping clients informed and responsive throughout each step.

View Profile
(585) 733-3889
Closed Now
21 Goodway Dr Ste B5, Rochester, NY 14623
9

Fairway Independent Mortgage Corporation

Fairway Independent Mortgage Corporation focuses on clear communication to help clients navigate the mortgage process with confidence. The team offers detailed guidance and timely responses, making a typically stressful experience more manageable. Customers appreciate their availability and thorough explanations throughout each step.

View Profile
(585) 512-1090
Closed Now
3246 Monroe Ave Ste 250, Rochester, NY 14618
10

Moneyline New York, LLC

Known for combining fast processing with personalized service, Moneyline New York LLC works with a broad network of lenders to offer competitive rates on various loan types, including conventional, jumbo, and VA loans. Clients appreciate the team’s clear communication and efficient digital tools, though some note the process can feel technology-heavy at times.

View Profile
(585) 233-9766
Closed Now
502 Audubon Trail, Rochester, NY 14622

Rochester Mortgage Statistics

Home-purchase lending in Monroe County and home costs in Rochester, NY (latest HMDA and Census data)

Lenders made 6,972 home-purchase loans in Monroe County in 2025 (average about $257,000) and denied 524 — 7% of decided applications, compared with 13% across New York, according to federal mortgage data (HMDA, CFPB). In Rochester, the median home is worth $139,600 and 61% of owners have a mortgage, paying a median $1,244 a month (Census ACS 2020–2024).

Home-purchase loans, 2025
6,972▲ 4%6,715 in 2024
Denial rate
7%NY 13%
Median home value
$139,600NY $423,800
Monthly cost with a mortgage
$1,244median · NY $2,555
Refinance loans made (Monroe County, 2025)
3,652 · 3,142 in 2024
Home-improvement loans made (2025)
2,489
Average home-purchase loan
$257,000 (NY $527,000)
Owners with a mortgage
61% · 29% of them spend 30%+ of income on housing
Median household income
$47,213 (NY $85,974)

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

How this Rochester 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.

New York 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 1.23% of the home's value a year, the New York 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

8 questions
How does the mortgage affordability calculator work for Rochester?
It estimates the highest home price you can qualify for based on income, debts, down payment, interest rate, and PMI. It uses New York property tax rates.
How accurate is the mortgage affordability estimate?
The estimate is based on general rules like a 31% housing cost cap and 43% total debt cap. Pre-approval from a lender provides a verified number.
What is the minimum down payment for a mortgage in New York?
First-time buyers may need as little as 3% down for conventional loans or 3.5% for FHA loans. VA and USDA loans can allow 0% down.
How do interest rates affect how much house I can afford?
Higher interest rates increase monthly payments, reducing the home price you can afford. The calculator uses a starting rate of 7.40%, subject to change.
How do monthly debts impact my mortgage qualification?
Lenders typically cap total debt payments at 43% of gross income. High debts reduce the amount you can borrow for a mortgage.
What is the property tax rate in New York?
The average property tax rate for owner-occupied homes in New York is about 1.23% of the home's value per year.
What's the difference between mortgage pre-approval and pre-qualification?
Pre-approval involves lender verification of income, debts, and credit, offering a more accurate estimate. Pre-qualification is a preliminary estimate without verification.
What does a mortgage broker do?
A mortgage broker helps find and negotiate mortgage loans from various lenders, but this page focuses on calculating affordability, not broker services.

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