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Review Keywords Analysis

  1. United States
  2. Best Mortgage Brokers
  3. Mortgage Brokers in South Carolina
  4. Columbia
  5. Mortgage Affordability Calculator
1 · Your income
2 · Down payment
3 · What you can afford
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Mortgage Affordability Calculator Columbia, SC

How much house can you afford in Columbia? 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 Columbia

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

1

Heath Goodrich Lending Team

Known for personalized attention and clear communication, Heath Goodrich Lending Team helps clients navigate mortgage options with care and patience. They assist with loan research and explanations, making the process less stressful, especially for first-time homebuyers. Customers appreciate their responsiveness, though some note the volume of questions can extend the timeline.

View Profile
(803) 361-8021
Open 9:00 AM - 5:00 PM
1519 Richland St, Columbia, SC 29201
2

Guild Mortgage - Lauren Sawyer Foster

Guild Mortgage offers a range of home financing options, including VA, USDA, FHA, renovation, and conventional loans, backed by decades of industry experience since 1960. The team focuses on guiding clients through every step of buying, refinancing, or renovating a home, with many customers appreciating their clear communication and personalized support throughout the process.

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(803) 391-3535
Open 8:30 AM - 5:30 PM
1751 St Julian Pl, Columbia, SC 29204
3

New American Funding - Columbia, SC

New American Funding in Columbia is known for its Pathway to Homeownership program, which offers financial assistance to first-time buyers. The team provides a variety of mortgage options, including conventional, FHA, and VA loans, along with unique services like NAF Cash for competitive offers. Customers appreciate the knowledgeable agents and clear communication throughout the loan process.

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(803) 219-1999
Open 9:00 AM - 5:00 PM
717 Lady St Ste H, Columbia, SC 29201
4

Silverton Mortgage - Columbia

Silverton Mortgage specializes in personalized home loan solutions, offering FHA, VA, USDA, conventional, and jumbo loans tailored to individual needs. Their team guides clients through the mortgage process with clear communication and support, though some may find the variety of loan options requires careful consideration.

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(803) 766-0484
Open 00:00 - 23:59
2725 Devine St Ste 1, Columbia, SC 29205
5

Cain Mortgage Team

Cain Mortgage Team specializes in guiding first-time and repeat homebuyers through the mortgage process with clear explanations and responsive support. They assist with securing home loans and strive to make closings straightforward and less stressful. Customers appreciate their knowledgeable approach and availability throughout the process.

Services & Prices
First-Time Homebuyer Assistance Quoted per loan
Mortgage Pre-Approval Quoted per loan
View Profile
(803) 261-9267
Open 9:00 AM - 6:00 PM
2717 Devine St, Columbia, SC 29205
General Services
Mortgage Services
Where they are 10 on the map Click a pin for the profile and directions
6
View Profile
(803) 888-3880
Open 9:00 AM - 5:00 PM
ELLIOTT BUILDING, 2231 Devine Street Suites 102A and 102B, 2231 Devine St, Columbia, SC 29205
7

PrimeLending, A PlainsCapital Company - Columbia SC

PrimeLending, A PlainsCapital Company, is known for clear communication and attentive support throughout the mortgage process. The team assists with home purchases, refinancing, and loan options, often praised for responsiveness and helping clients understand each step. Some customers note a fast, smooth experience, especially appreciated by first-time buyers.

Services & Prices
New Mortgage Quoted per loan
Refinancing Quoted per loan
Personalized Homebuyer Counseling Quoted per loan
Assistance with Down Payments Quoted per loan
View Profile
(803) 234-7322
Open 8:30 AM - 5:00 PM
1703 Gervais St, Columbia, SC 29201
General Services
Mortgage Services
8

Midland Mortgage Corporation

Midland Mortgage Corporation works primarily with homeowners seeking mortgage services, including loan modifications and insurance claim handling. The team offers ongoing support, though some customers find their policies on late fees and insurance disbursements strict. Reviews reflect mixed experiences with communication and flexibility during difficult situations.

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(803) 765-1680
Open 8:30 AM - 5:00 PM
1500 Richland St #2611, Columbia, SC 29201
9

Gulfstream Mortgage

Known for clear communication and hands-on guidance throughout the mortgage process, Gulfstream Mortgage helps clients from pre-approval to closing. The team offers personalized support with home loan applications and credit preparation, making the experience smoother for first-time buyers and seasoned homeowners alike. Some clients note the process can require patience as details are addressed.

Services & Prices
Pre-Approval Assistance Quoted per loan
View Profile
(803) 771-0080
Open 9:00 AM - 5:00 PM
3101 Carlisle St Ste 105, Columbia, SC 29205
General Services
Mortgage Services
10

Golden Gate Mortgage

With over 23 years of experience, Golden Gate Mortgage focuses on securing competitive rates and simplifying the loan process for South Carolina homebuyers. They offer a variety of loan programs, including FHA, VA, and USDA loans, guiding clients through each step with clear communication. Customers appreciate their responsiveness and support, especially during complex situations.

Services & Prices
First Time Homebuyer Loans Quoted per loan
Refinancing Loans Quoted per loan
Investment Property Loans Quoted per loan
View Profile
(803) 788-2880
Open 9:00 AM - 5:00 PM
3102 Millwood Ave, Columbia, SC 29205
General Services
Mortgage Services

Columbia Mortgage Statistics

Home-purchase lending in Richland County and home costs in Columbia, SC (latest HMDA and Census data)

Lenders made 6,160 home-purchase loans in Richland County in 2025 (average about $286,000) and denied 1,028 — 14% of decided applications, compared with 19% across South Carolina, according to federal mortgage data (HMDA, CFPB). In Columbia, the median home is worth $264,300 and 66% of owners have a mortgage, paying a median $1,621 a month (Census ACS 2020–2024).

Home-purchase loans, 2025
6,160▲ 6%5,786 in 2024
Denial rate
14%SC 19%
Median home value
$264,300SC $259,000
Monthly cost with a mortgage
$1,621median · SC $1,529
Refinance loans made (Richland County, 2025)
2,953 · 2,440 in 2024
Home-improvement loans made (2025)
549
Average home-purchase loan
$286,000 (SC $346,000)
Owners with a mortgage
66% · 22% of them spend 30%+ of income on housing
Median household income
$55,529 (SC $69,324)

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

Columbia Mortgage Brokers stats: 10 businesses compared side by side · updated
# Business Rating Reviews Starting price Phone Website
1 Heath Goodrich Lending Team 5.0 293 — (803) 361-8021 Visit
2 Guild Mortgage - Lauren Sawyer Foster 5.0 221 — (803) 391-3535 Visit
3 New American Funding - Columbia, SC 4.9 222 — (803) 219-1999 Visit
4 Silverton Mortgage - Columbia 4.9 196 — (803) 766-0484 Visit
5 Cain Mortgage Team 5.0 180 Quoted per loan (803) 261-9267 Visit
6 Assurance Financial - Columbia 5.0 161 — (803) 888-3880 Visit
7 PrimeLending, A PlainsCapital Company - Columbia SC 4.7 106 Quoted per loan (803) 234-7322 Visit
8 Midland Mortgage Corporation 4.2 68 — (803) 765-1680 —
9 Gulfstream Mortgage 5.0 57 Quoted per loan (803) 771-0080 Visit
10 Golden Gate Mortgage 4.9 57 Quoted per loan (803) 788-2880 Visit

How this Columbia 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.

South Carolina 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 0.44% of the home's value a year, the South Carolina 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 questions
How does the mortgage affordability calculator work?
The calculator estimates the highest home price you can qualify for based on income, debts, down payment, interest rate, and first-time buyer status.
What is the debt-to-income ratio for mortgages in Columbia, SC?
Lenders typically cap housing costs at 31% and total debt payments at 43% of gross monthly income, following FHA standards.
What is the minimum down payment for a mortgage in South Carolina?
Minimum down payments are 3% for conventional first-time buyer loans and 3.5% for FHA loans. VA and USDA loans can allow 0% down.
How does private mortgage insurance (PMI) affect my mortgage?
If you put down less than 20%, PMI is added, costing about 0.6% of the loan per year. It can be removed once the loan balance is below 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 start at 7.40% in this calculator.
How do debts affect my mortgage qualification in Columbia?
Monthly debt payments reduce the amount you can borrow, as lenders cap total debt payments at 43% of your gross income.
What is the property tax rate in South Carolina?
The property tax rate is about 0.44% of the home's value per year, based on the 2024 average for owner-occupied homes.
What's the difference between mortgage pre-approval and pre-qualification?
Pre-approval involves verifying income, debts, credit, and down payment, giving a more accurate estimate than pre-qualification, which is less formal.
How much house can I afford on a $100k salary in Columbia?
The calculator estimates based on income, debts, down payment, and rates. Lenders cap housing costs at 31% of gross income.
What does a mortgage broker do in South Carolina?
A mortgage broker helps find loan options and guides you through the mortgage process, but doesn't lend money directly.

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