Can I afford this home?

Buying a home is probably the biggest financial investment that you will make in your lifetime. When doing so, there are many factors to consider: Do I make enough money to afford my mortgage? How much do I need for a down payment? How much will my property taxes cost? Will I be able to afford the utilities? Will my mortgage payment change over time? These are just a handful of the many important questions to consider when thinking of buying a home.

Rhode Island Housing is here to help. In addition to our lending services, we are committed to providing education to all who dream of owning a home in Rhode Island.

Throughout this website you will find several resources to help you determine if homeownership is the right move for you.

TAKE THE NEXT STEP

Use our mortgage calculator
The Rhode Island Housing mortgage calculator will help you approximate your monthly mortgage payment. 
ACCESS OUR MORTGAGE CALCULATOR

Take a Homebuyer Education class
Our Homebuyer Education classes are a resource to help first-time homebuyers and anyone interested in buying a home learn more about the process. We offer in-person and online classes to meet the needs of every customer. You can register online or contact us for more information. 
HOMEBUYER EDUCATION CLASSES

Contact a Mortgage Specialist or Participating Lender
Rhode Island Housing’s Participating Lenders and the trusted, trained professionals in our Loan Center can help you understand what you can safely afford and the commitment you are making by becoming a homeowner.
CONTACT A MORTGAGE SPECIALIST 
FIND A PARTICIPATING LENDER