×

Review Keywords Analysis

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

Mortgage Affordability Calculator Frisco, TX

How much house can you afford in Frisco? 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 Frisco

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

1

Guaranty Federal Mortgage

Guaranty Federal Mortgage is known for guiding first-time homebuyers through the loan process with clear explanations and patient support. The team offers home loan services with timely communication and a focus on educating clients. Customers appreciate their thoroughness and smooth, fast service throughout the experience.

Services & Prices
Conventional Loan Quoted per loan
FHA Loan Quoted per loan
VA Loan Quoted per loan
View Profile
(972) 334-0566
Closed Now
6351 Preston Rd #125, Frisco, TX 75034
General Services
Home Loan Services
2

Fairway Independent Mortgage Frisco

Fairway Independent Mortgage in Frisco specializes in guiding clients through home buying, building, and refinancing with a variety of loan options tailored to individual needs. The team is known for responsive communication and thorough support throughout the mortgage process, though some customers advise comparing rates carefully.

View Profile
(972) 867-2125
Closed Now
8000 Warren Pkwy, Frisco, TX 75034
3

BestRate Mortgage LLC

BestRate Mortgage LLC is known for clear communication and transparent mortgage options that help simplify the refinancing and home loan process. The team guides clients step-by-step, offering responsive support and competitive rates. Customers appreciate their professionalism and the ease of working with them throughout each transaction.

View Profile
(972) 814-2378
Closed Now
9621 Plaudit Dr, Frisco, TX 75035
4

Richardson Mortgage

Richardson Mortgage focuses on an education-based approach that helps clients navigate the mortgage process with confidence and clarity. They offer a broad range of loan options, including VA, FHA, and jumbo loans, guiding customers from application through closing. Clients appreciate their clear communication and thorough support, though the process can involve extra steps to ensure accuracy.

View Profile
(214) 216-1760
Closed Now
9355 John W. Elliott Dr 25 Suite 25604, Frisco, TX 75033
5

Frisco Mortgage Guy

Known as the Frisco Mortgage Guy™, Geoffrey Davis is a licensed mortgage loan originator and independent life insurance agent who helps clients navigate home loans and insurance with clear communication and multiple options. The team is praised for responsiveness and making complex processes feel straightforward, though some clients note ongoing questions after closing.

Services & Prices
Home Purchase Assistance Quoted per loan
Refinancing Assistance Quoted per loan
View Profile
(214) 529-9622
Closed Now
4400 Main St, Frisco, TX 75033
General Services
Mortgage Services
Where they are 10 on the map Click a pin for the profile and directions
6

Texas Made Mortgage

Texas Made Mortgage is known for offering competitive rates paired with clear, organized communication throughout the home loan process. The team assists with both home purchases and refinancing, guiding clients—especially first-time buyers—through each step with professionalism. Customers appreciate their straightforward approach and reliable service.

View Profile
(817) 567-8014
Closed Now
2591 Dallas Pkwy Ste 300, Office 62, Frisco, TX 75034
7

Elite Lending Solutions Incorporated

Licensed by the N.J. Department of Banking and Insurance, Elite Lending Solutions offers a range of mortgage options including purchase, refinance, and specialized loans. Clients appreciate the team’s responsiveness and clear guidance throughout the process, though some note the experience can feel fast-paced. Their streamlined online application helps simplify home financing.

Services & Prices
Pre-Approval Quoted per loan
Closing Costs Assistance Quoted per loan
View Profile
(954) 655-5676
Closed Now
8072 Preston Rd #203, Frisco, TX 75034
General Services
Home Financing
8

Katie Porter Team- Mortgage Lending

Known for guiding first-time homebuyers through each step with clear advice and responsive communication, Katie Porter Team- Mortgage Lending helps clients navigate purchases, refinancing, and seller credits. The team is often recognized for making the mortgage process smooth and understandable, though some find the detailed steps require close attention.

View Profile
(469) 363-3235
Closed Now
6136 Frisco Square Blvd Ste 400, Frisco, TX 75034
9

Alliance Mortgage Group

With over 21 years of experience and a 98% client recommendation rate, Alliance Mortgage Group offers a wide range of loan programs including conventional, FHA, VA, Jumbo, and agricultural loans. The team is known for clear communication and guiding clients smoothly through purchase, refinance, and debt consolidation processes, though some find the paperwork involved typical of mortgage… more...

With over 21 years of experience and a 98% client recommendation rate, Alliance Mortgage Group offers a wide range of loan programs including conventional, FHA, VA, Jumbo, and agricultural loans. The team is known for clear communication and guiding clients smoothly through purchase, refinance, and debt consolidation processes, though some find the paperwork involved typical of mortgage transactions.

View Profile
(469) 269-0098
Closed Now
2770 Main St #221, Frisco, TX 75033
10

The Mortgage Brokers

Known for their responsive communication and personalized guidance, The Mortgage Brokers focus on aligning mortgage solutions with clients’ financial goals. Their team offers expert support throughout the homebuying process, helping clients feel informed and confident. While their platform is still being developed, customers appreciate the professionalism and clarity provided along the way.

View Profile
(214) 927-1421
Closed Now
3201 Dallas Pkwy #200, Frisco, TX 75034

Frisco Mortgage Statistics

Home-purchase lending in Denton County and home costs in Frisco, TX (latest HMDA and Census data)

Lenders made 16,533 home-purchase loans in Denton County in 2025 (average about $461,000) and denied 2,224 — 12% of decided applications, compared with 19% across Texas, according to federal mortgage data (HMDA, CFPB). In Frisco, the median home is worth $642,100 and 75% of owners have a mortgage, paying a median $3,386 a month (Census ACS 2020–2024).

Home-purchase loans, 2025
16,533▼ 7%17,798 in 2024
Denial rate
12%TX 19%
Median home value
$642,100TX $283,800
Monthly cost with a mortgage
$3,386median · TX $2,106
Refinance loans made (Denton County, 2025)
7,215 · 4,358 in 2024
Home-improvement loans made (2025)
974
Average home-purchase loan
$461,000 (TX $364,000)
Owners with a mortgage
75% · 23% of them spend 30%+ of income on housing
Median household income
$150,212 (TX $78,476)

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

Frisco Mortgage Brokers stats: 10 businesses compared side by side · updated
# Business Rating Reviews Starting price Phone Website
1 Guaranty Federal Mortgage 4.9 302 Quoted per loan (972) 334-0566 Visit
2 Fairway Independent Mortgage Frisco 4.9 248 — (972) 867-2125 Visit
3 BestRate Mortgage LLC 5.0 125 — (972) 814-2378 Visit
4 Richardson Mortgage 5.0 102 — (214) 216-1760 Visit
5 Frisco Mortgage Guy 5.0 92 Quoted per loan (214) 529-9622 Visit
6 Texas Made Mortgage 5.0 84 — (817) 567-8014 Visit
7 Elite Lending Solutions Incorporated 5.0 75 Quoted per loan (954) 655-5676 Visit
8 Katie Porter Team- Mortgage Lending 5.0 67 — (469) 363-3235 Visit
9 Alliance Mortgage Group 5.0 61 — (469) 269-0098 Visit
10 The Mortgage Brokers 5.0 29 — (214) 927-1421 Visit

How this Frisco 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.

Texas 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 1.25% of the home's value a year, the Texas 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 Frisco mortgage affordability calculator work?
It estimates the highest home price you can afford using your income, debts, down payment, and interest rate. It shows mortgage amount, monthly payment, PMI, and property tax.
How much house can I afford with a $100k salary in Texas?
Lenders often cap housing costs at 31% of gross income. Total debts shouldn't exceed 43%. The calculator helps estimate based on these ratios.
What is the minimum down payment for a first-time buyer in Frisco?
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 if eligible.
How do current interest rates affect my mortgage affordability?
Higher interest rates increase monthly payments, reducing the home price you can afford. The calculator uses a starting rate of 7.40%, which changes weekly.
How do debts impact the mortgage I can qualify for?
Total monthly debt payments, including the mortgage, shouldn't exceed 43% of your gross income. Higher debts reduce the loan amount you can qualify for.
What are property taxes like in Texas?
Property tax in Texas is about 1.25% of the home's value annually. This affects your total housing costs and mortgage affordability.
What's the difference between mortgage pre-approval and pre-qualification?
Pre-approval involves lender verification of your income, debts, credit, and down payment. Pre-qualification is an initial estimate without verification.
What role does a mortgage broker play?
A mortgage broker helps find and negotiate mortgage terms with lenders. They guide you through the mortgage process but don't lend money themselves.

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