Crunch numbers with confidence.

Buying a home with confidence starts with having a solid savings plan. Our savings calculatorDisclosure 1 helps determine how much you need to put aside each month to meet your ultimate down payment goal. Spend some time with the calculator, and if you still need a hand with the math, our team is ready to help.

Use the savings calculator below to crunch the numbers and get an idea of what it takes to meet your down payment goal.

Calculate your savings goal.

We’re here to help.

Let us help you understand the numbers. Call us at 844-221-2988 to connect with a mortgage professional.

Do you really need 20% down?

Many home shoppers think it’s necessary to put 20% down on a home, but that’s not always the case. Paying less up front can help free up money for other important things. Follow these tips to help you decide.

Plan for homeownership.

Looking for more information to help you confidently land your new place? Our Planning for Homeownership guide (PDF) walks you through the process, showing you just how easy buying a home can be when you work with Truist Mortgage.

When you’re looking to buy a home, one of the most important factors in your decision is the monthly payment. To give you an idea of what your payments could look like each month, check out our easy-to-use mortgage payment calculator.Disclosure 1 With a little information, you can adjust the inputs to see how different variables impact your monthly investment.

Calculate your mortgage payment.

We’re here to help. 

Let us help you understand the numbers. Call us at 844-221-2988 to connect with a mortgage professional.

How much mortgage can you afford?

When working on a budget for your monthly payments, there are lots of factors to consider. Many people find it helpful to follow the 30% rule.

Plan for homeownership.

Looking for more information to help you confidently land your new place? Our Planning for Homeownership guide (PDF) walks you through the process, showing you just how easy buying a home can be when you work with Truist Mortgage.

It’s a question you may be asking yourself as you start thinking about homeownership. Certainly, either scenario has their own daily, monthly, and annual expenses, but ultimately it comes down to whether paying a mortgage or paying rent is best for you. Check out our easy-to-use calculator1 to help you with your decision. 

Compare buying vs. renting.

We’re here to help. 

Let us help you understand the numbers. Call us at 844-221-2988 to connect with a mortgage professional.

See if you’re ready to buy a new home.

Is buying the best option? This infographic will help you ask yourself the tough questions.

Plan for homeownership.

Looking for more information to help you confidently land your new place? Our Planning for Homeownership guide (PDF) walks you through the process, showing you just how easy buying a home can be when you work with Truist Mortgage.

Just as the names imply, a fixed rate doesn’t change, while an adjustable rate does. From a budgeting standpoint, fixed may give you the certainty you’re looking for each month, but from a cost standpoint, you may explore the adjustable rate that starts lower and could fluctuate up or down. Check out our easy-to-use calculatorDisclosure 1 to help make your decision on whether a fixed or adjustable rate is best.

Compare fixed vs. adjustable rates.

Did you know you can pay points with extra cash up front (e.g., points) to lower your rate for the life of your mortgage? You can – and it may be an option for you to consider. One point costs 1 percent of your mortgage amount (or $1,000 for every $100,000). What you’ll want to consider are the short- and long-term benefits to buying down your rate. Our easy-to-use calculator1 can help you determine if paying points is right for you.

Should you pay points to lower your rate?

Finding the right home—and making it yours—starts with a little inspiration and a lot of support.

A little wisdom goes a long way. 

The 30% rule: Your mortgage should be no more than 30% of your gross income.Disclosure 2

In Scotland, homeowners paint their front door red when they pay off their mortgage.Disclosure 3

Rent prices soared 9.2% in the first half of 2021, tripling the average pace and exceeding the pre-pandemic trend. Disclosure 4

Your home should tell the story of who you are and be a collection of what you love. – Nate Berkus

Curious how much you can borrow? Contact us for your free online mortgage preapproval.Disclosure 5

Get preapproved for a home mortgage.

Questions? We’re here to help.

We’re available Monday through Friday, 8 am to 8 pm, and on Saturday, 9 am to 1 pm.

Call us at 844-221-2988

Find the digital tools and support you need on your homebuying journey.

Get started today with a home purchase.
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Disclosure 1 Information and these calculators are made available by one or more third-party service providers. All examples are hypothetical and are for illustrative purposes. Truist Bank, Inc., and its affiliates do not provide legal or tax advice. Information provided and these calculators are not intended to offer any tax, legal, financial, or investment advice. Truist cannot guarantee that the information provided or the calculators are accurate, complete, or timely. Federal and state laws and regulations are complex and are subject to change. Changes in such laws and regulations may have a material impact on pre- and/or after-tax investment results. Truist makes no warranties with regard to these calculators or the results obtained by their use. Truist disclaims any liability arising out of your use of, or any tax position taken in reliance on, these calculators. Always consult an attorney or tax professional regarding your specific legal or tax situation.

Disclosure 2 TwoCents.Lifehacker.com: Use the 30/30 Rule to Determine How Much Home You Can Afford.

Disclosure 3 HouseLogic.com: Google’s Goats and 13 More Amazing Facts from Around the World.

Disclosure 4 Businessinsider.com: Your Rents are Going to Keep Going Up, July 2021.

Disclosure 5 Preapproval is based on non-verified information and is not a commitment to make you a loan by Truist Mortgage. Loan approval will be subject to, but not necessarily limited to, verification of all income, asset, and liability information provided by you, satisfactory property appraisal, compliance with Truist Mortgage’s loan program guidelines, and all required closing conditions such as survey and title examination

Disclosures

Truist Bank, Member FDIC. © 2024 Truist Financial Corporation. Truist, the Truist logo and Truist Purple are service marks of Truist Financial Corporation.

Equal Housing Lender

Investment and Insurance Products:

  • Are Not FDIC or any other Government Agency Insured
  • Are Not Bank Guaranteed
  • May Lose Value

Services provided by the following affiliates of Truist Financial Corporation (Truist): Banking products and services, including loans and deposit accounts, are provided by Truist Bank, Member FDIC. Trust and investment management services are provided by Truist Bank, and Truist Delaware Trust Company. Securities, brokerage accounts and /or insurance (including annuities) are offered by Truist Investment Services, Inc., which is a SEC registered broker-dealer, member FINRA, SIPC, and a licensed insurance agency. Investment advisory services are offered by Truist Advisory Services, Inc., GFO Advisory Services, LLC., each SEC registered investment advisers.

Mortgage products and services are offered through Truist Bank. All Truist mortgage professionals are registered on the Nationwide Mortgage Licensing System & Registry (NMLS), which promotes uniformity and transparency throughout the residential real estate industry. Search the NMLS Registry.

Comments regarding tax implications are informational only. Truist and its representatives do not provide tax or legal advice. You should consult your individual tax or legal professional before taking any action that may have tax or legal consequences.

"Truist Advisors" may be officers and/or associated persons of the following affiliates of Truist, Truist Investment Services, Inc., and/or Truist Advisory Services, Inc. Truist Wealth, International Wealth, Center for Family Legacy, Business Owner Specialty Group, Sports and Entertainment Group, and Legal and Medical Specialty Groups are trade names used by Truist Bank, Truist Investment Services, Inc., and Truist Advisory Services, Inc.

Truist Securities is a trademark of Truist Financial Corporation. Truist Securities is a trade name for the corporate and investment banking services of Truist Financial Corporation and its subsidiaries. All rights reserved. Securities and strategic advisory services are provided by Truist Securities, Inc., member FINRA and SIPC. Lending, financial risk management, and treasury management and payment services are offered by Truist Bank. Deposit products are offered by Truist Bank.

Applications, agreements, disclosures, and other servicing communications provided by Truist Bank and its subsidiary businesses will be provided in English. As a result, it will be necessary for customers to speak, read and understand English or to have an appropriate translator assisting them. Truist offers the following resources for consumers that have Limited English Proficiency:

  • Multilingual teammates available at our Multicultural Banking Centers
  • Materials for some products and services are available in Spanish, Korean, Vietnamese, Mandarin, and other languages spoken in the communities we serve.
  • Phone assistance in Spanish at 844-4TRUIST (844-487-8478), option 9. For assistance in other languages please speak to a representative directly.

New York City residents:

Translation or other language access services may be available. When calling our office regarding collection activity, if you speak a language other than English and need verbal translation services, be sure to inform the representative. A description and translation of commonly-used debt collection terms is available in multiple languages at http://www.nyc.gov/dca.

  • Limited English Proficiency Support
  • New York City residents

Borrowers with Limited English Proficiency (LEP) needing information can use the following resources:

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