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Review Keywords Analysis

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

How much house can you afford in Nashville? 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 Nashville

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

1

First Choice Lending Services, LLC

First Choice Lending Services funds loans with its own capital, enabling faster decisions and access to a broad range of mortgage programs. Serving Tennessee, Kentucky, Georgia, and Florida, the team guides clients through conventional, FHA, VA, and specialized loans, often praised for clear communication and support, though some find the process detailed.

Services & Prices
First-Time Homebuyer Assistance Quoted per loan
View Profile
(866) 642-8484
Closed Now
3511 Gallatin Pike, Nashville, TN 37216
General Services
Mortgage Services
2

Neely Lending Group

Neely Lending Group stands out for its personalized, tech-forward approach to guiding first-time homebuyers through the mortgage process. The team offers clear communication, detailed explanations of closing disclosures, and consistent availability by phone, text, and email. While they may not handle every unique property, customers appreciate their patience and helpful insights.

Services & Prices
Conventional Loans Quoted per loan
FHA Loans Quoted per loan
VA Loans Quoted per loan
View Profile
(615) 307-0302
Closed Now
159 4th Ave N Ste 201, Nashville, TN 37219
General Services
Mortgage Lending
3

Evolution Mortgage LLC

Known for its expertise in VA loans, Evolution Mortgage pairs each client with a dedicated, licensed loan officer who guides them through pre-approval to closing. They offer a range of mortgage options, including conventional, FHA, USDA, jumbo, and refinancing services. Customers appreciate their clear communication and responsiveness throughout the process.

Services & Prices
Home Purchase Loans Quoted per loan
VA Loans Quoted per loan
Refinancing Quoted per loan
View Profile
(877) 326-9622
Closed Now
400 Royal Pkwy, Nashville, TN 37214
General Services
Mortgage Services
4

Nations Lending - Nashville

About Nations LendingNations Lending is a mortgage company dedicated to helping individuals and families achieve their homeownership goals. Whether buying, selling, refinancing, or building a dream home, they provide experienced and knowledgeable guidance. As an expert Personal Mortgage Advisor, Neal Doherty, and his team possess the knowledge and resources to stay current with market conditions… more...

About Nations LendingNations Lending is a mortgage company dedicated to helping individuals and families achieve their homeownership goals. Whether buying, selling, refinancing, or building a dream home, they provide experienced and knowledgeable guidance. As an expert Personal Mortgage Advisor, Neal Doherty, and his team possess the knowledge and resources to stay current with market conditions and mortgage programs. Their ultimate goal is to ensure clients make the right financial choices for themselves and their families.Credibility and ExpertiseNations Lending is an approved Fannie Mae and Freddie Mac seller, offering a wide range of loan products. They are committed to providing excellent service, as evidenced by client testimonials highlighting speed, clear communication, and successful closings even in challenging situations. The company emphasizes its ability to handle complex files and ensure consistent communication throughout the mortgage process.Mortgage OfferingsNations Lending offers a comprehensive suite of mortgage solutions, including FHA loans for first-time homebuyers with low down payment options, VA loans for veterans, USDA loans for rural communities with up to 100% financing, and Conventional loans through Fannie Mae and Freddie Mac. They also provide Jumbo loans for larger home purchases, including options for second homes and vacation properties. Services include purchase loans, rate-term refinancing, and cash-out refinancing.Unique AdvantagesNations Lending distinguishes itself through its personalized approach, with advisors like Neal Doherty focusing on client needs. They offer flexible loan terms, including low down payment options and the possibility of gift funds. The company also highlights its ability to close loans quickly and efficiently, even for complex cases, and provides resources like a mortgage calculator to assist clients in understanding their payment options.

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(615) 732-2857
Closed Now
2610 Westwood Dr #210, Nashville, TN 37204
5

Kyle Koonce-Mortgage Broker at the Lending Collective

The Lending Collective stands out for its advisory approach, focusing on long-term financial goals rather than just closing loans. Their team offers access to over 140 lenders, helping clients find competitive mortgage rates and tailored solutions for buying, refinancing, or investing. Customers appreciate clear communication and a smooth, timely process throughout their experience.

Services & Prices
Home Purchase Mortgages Quoted per loan
Refinancing Mortgages Quoted per loan
FHA Loans Quoted per loan
View Profile
(615) 957-8285
Closed Now
4101 Charlotte Ave Unit D-160, Nashville, TN 37209
General Services
Mortgage Services
Where they are 10 on the map Click a pin for the profile and directions
6

Andy Garretson Mortgage

Andy Garretson Mortgage offers clear, straightforward guidance for first-time and repeat homebuyers, helping clients navigate the mortgage process with frequent communication and educational support. The team focuses on making complex situations manageable, and customers appreciate their professionalism and attentiveness throughout each step.

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(615) 955-3130
Open 00:00 - 23:59
20 Music Square W #100, Nashville, TN 37203
7

Alene Gnyp Mortgage Specialist

Specializing in physician and construction loans, Alene Gnyp Mortgage Specialist offers tailored mortgage solutions with clear explanations throughout the process. The team assists first-time buyers and those seeking second homes, maintaining frequent communication and flexibility, including weekend availability. Customers appreciate the knowledgeable guidance and smooth loan closings.

Services & Prices
Physician Loans Quoted per loan
Construction Loans Quoted per loan
Pre-Approval Letters Quoted per loan
View Profile
(615) 582-2334
Open 8:00 AM - 10:00 PM
2200 Abbott Martin Rd, Nashville, TN 37215
General Services
Mortgage Services
8

Sam Buchanan, Regional Manager, Buchanan Group. Coast2Coast Mortgage Lending. Zillow Mortgage Partner & U.S Veteran.

Coast2Coast Mortgage specializes in a wide range of loan programs, including VA loans and options for self-employed borrowers, investors, and veterans. The team offers clear guidance and digital tools to simplify the mortgage process, with clients appreciating their responsiveness and support, especially during complex transactions like cross-country moves.

Services & Prices
Credit Analysis and Improvement Tips Quoted per loan
Portfolio Assessment Quoted per loan
Cash Flow Analysis Quoted per loan
Loan Structuring Advice Quoted per loan
View Profile
(615) 601-9785
Open 8:00 AM - 8:00 PM
1705 Division St, Nashville, TN 37203
General Services
First-Time Homebuyer Assistance
9

Josh Jones-Certified Mortgage Advisor Nexa Mortgage NMLS#1892207

Certified Mortgage Advisor Josh Jones specializes in helping first-time homebuyers navigate financing options, including low and no down payment loans like USDA programs. The team offers personalized guidance on mortgages and home equity lines of credit, with clients appreciating clear explanations and a patient, approachable process.

Services & Prices
First-Time Homebuyer Loan Quoted per loan
USDA Loan Quoted per loan
Down Payment Assistance Quoted per loan
Home Equity Line of Credit Quoted per loan
View Profile
(423) 310-8042
Open 00:00 - 23:59
1033 Demonbreun St #300, Nashville, TN 37203
General Services
Mortgage Brokerage
10

Brendan Donelson's Smart Start - Nashville Mortgage Lender

Smart Start Mortgage offers a complimentary one-hour consultation designed to help clients understand their mortgage options and develop a clear financial strategy. The team works with first-time buyers, relocators, custom home builders, and those refinancing, providing a wide range of lending solutions. Clients appreciate their clear communication and thorough guidance throughout the process.

View Profile
(615) 292-9696
Open 00:00 - 23:59
2125 8th Ave S, Nashville, TN 37204

Nashville Mortgage Statistics

Home-purchase lending in Davidson County and home costs in Nashville, TN (latest HMDA and Census data)

Lenders made 9,080 home-purchase loans in Davidson County in 2025 (average about $531,000) and denied 968 — 10% of decided applications, compared with 15% across Tennessee, according to federal mortgage data (HMDA, CFPB). In Nashville, the median home is worth $413,600 and 69% of owners have a mortgage, paying a median $1,898 a month (Census ACS 2020–2024).

Home-purchase loans, 2025
9,080▼ 4%9,472 in 2024
Denial rate
10%TN 15%
Median home value
$413,600TN $286,700
Monthly cost with a mortgage
$1,898median · TN $1,566
Refinance loans made (Davidson County, 2025)
4,631 · 3,492 in 2024
Home-improvement loans made (2025)
1,270
Average home-purchase loan
$531,000 (TN $375,000)
Owners with a mortgage
69% · 28% of them spend 30%+ of income on housing
Median household income
$77,371 (TN $69,595)

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

How this Nashville 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.

Tennessee 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 0.46% of the home's value a year, the Tennessee 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 work for Nashville?
It estimates the highest home price you can afford based on income, debts, down payment, and interest rate, using Nashville-specific property tax rates.
What is the minimum down payment for a house in Tennessee?
Minimum down payments are 3% for conventional loans and 3.5% for FHA loans; VA and USDA loans may allow 0% down for eligible buyers.
How does debt affect my mortgage affordability in Nashville?
Lenders often cap total debt payments at 43% of gross income, including housing costs. High debts reduce the mortgage amount you can qualify for.
What is the property tax rate for homes in Tennessee?
The property tax rate is about 0.46% of the home's value annually, based on the 2024 average for owner-occupied homes in Tennessee.
How accurate is the mortgage affordability estimate?
The estimate is a guideline; a pre-approval from a lender provides a confirmed amount after verifying income, debts, and credit.
How do interest rates affect how much house I can afford?
Higher interest rates increase monthly payments, reducing the home price you can afford. Rates change weekly, affecting affordability.
What is PMI and when is it required?
Private mortgage insurance (PMI) is required for conventional loans with less than 20% down, costing about 0.6% of the loan annually.
Is pre-approval different from pre-qualification?
Yes, pre-approval involves lender verification of your financials, providing a more accurate loan amount than pre-qualification.
How much house can I afford on a 100k salary in Nashville?
Affordability depends on your debts, down payment, and current interest rates. Use the calculator to input specific details for an estimate.

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