Mortgage Affordability Calculator Mesquite, TX
How much house can you afford in Mesquite? 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.
Enter your yearly household income.
Savings and gifts from family count. Many first-time buyer loans need just 3% down; under 20% you pay mortgage insurance.
7.40% (Freddie Mac 30-year average, October 2026). Change it if you've been quoted a rate.
Enter your down payment.
| After | Paid in total | Still owed |
|---|
Mariner Finance
4.7 · 204 reviews · Free pre-approval
Get pre-approved →
Cedric Pitts - United Mortgage Pros
4.9 · 78 reviews · Free pre-approval
Get pre-approved →
Leader Life Financial Solutions
5.0 · 3 reviews · Free pre-approval
Get pre-approved →
An estimate, not a mortgage approval or pre-approval. A mortgage broker confirms your real number.
Top-rated mortgage brokers in Mesquite
Ranked by TrustAnalytica from verified reviews · see the full Top 10 list →
Mariner Finance
Known for a smooth, mostly paperless loan process, Mariner Finance offers mortgage services with quick funding and clear communication. The team is described as professional and friendly, often going beyond to assist clients, though some customers note the experience can vary slightly depending on the interaction.
Cedric Pitts - United Mortgage Pros
United Mortgage Pros focuses on helping clients navigate mortgage approvals with personalized attention, especially for entrepreneurs and investors. The team assists with home purchases and refinancing, often praised for thorough communication and support during closings. Some customers note challenges with remote communication and document delivery.
Mesquite Mortgage Statistics
Home-purchase lending in Dallas County and home costs in Mesquite, TX (latest HMDA and Census data)Lenders made 18,906 home-purchase loans in Dallas County in 2025 (average about $494,000) and denied 3,361 — 15% of decided applications, compared with 19% across Texas, according to federal mortgage data (HMDA, CFPB). In Mesquite, the median home is worth $245,700 and 61% of owners have a mortgage, paying a median $1,898 a month (Census ACS 2020–2024).
- Home-purchase loans, 2025
- 18,906▼ 4%19,778 in 2024
- Denial rate
- 15%TX 19%
- Median home value
- $245,700TX $283,800
- Monthly cost with a mortgage
- $1,898median · TX $2,106
- Refinance loans made (Dallas County, 2025)
- 8,941 · 6,861 in 2024
- Home-improvement loans made (2025)
- 1,456
- Average home-purchase loan
- $494,000 (TX $364,000)
- Owners with a mortgage
- 61% · 37% of them spend 30%+ of income on housing
- Median household income
- $72,537 (TX $78,476)
Source: CFPB / FFIEC Home Mortgage Disclosure Act (HMDA) data, 2024–2025 loan applications in Dallas County (originated vs denied); home values and costs: U.S. Census Bureau ACS 2020–2024. Compiled by TrustAnalytica.
| # | Business | Rating | Reviews | Starting price | Phone | Website |
|---|---|---|---|---|---|---|
| 1 | Mariner Finance | 4.7 | 204 | — | (469) 718-1990 | Visit |
| 2 | Cedric Pitts - United Mortgage Pros | 4.9 | 78 | Quoted per loan | (972) 832-2814 | — |
| 3 | Leader Life Financial Solutions | 5.0 | 3 | — | (469) 843-3595 | Visit |
| 4 | Wells Fargo Home Mortgage | 5.0 | 2 | — | (972) 288-4411 | Visit |
| 5 | Mesquite Mortgage | 4.0 | 1 | — | (972) 514-6793 | — |
How this Mesquite 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
9 questionsHow does the mortgage affordability calculator work?
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What's the minimum down payment for Texas homebuyers?
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How does PMI affect my mortgage in Mesquite?
General information, not financial advice — consult a qualified professional.