Mortgages & Home Loans

Financing is where a home purchase is won or lost. Estimate your payment, understand your loan options, and get connected with a trusted local lender — all in one place.

🧮 Payment Calculator 🏦 Loan Types ✅ Pre-Approval 💵 Down Payment Help

Quick Answer

Use the calculator to estimate your monthly payment, explore conventional, FHA, VA, and USDA loans, and get pre-approved with a trusted local lender. Your Realty Link connects Central Indiana buyers with the right financing — call 317-997-7404.

Down payment
As low as 0–3.5%
First step
Get pre-approved
Lenders
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317-997-7404

Before you fall in love with a home, it helps to know what you can comfortably afford — and which loan fits your situation. Start with a quick payment estimate below, then talk to a lender to turn it into a real pre-approval. Your Realty Link works with a network of trusted local lenders and will help you find the right fit.

Mortgage Payment Calculator

Estimate your monthly principal & interest. Taxes, insurance, HOA, and mortgage insurance are not included.

$0est. monthly P&I
Loan amount: $0 · Down: $0

Estimate only — not a loan offer or commitment. Actual terms come from your lender. For the full amortization calculator, open the Your Realty Link calculator.

Loan Types at a Glance

Conventional

As little as 3% down for well-qualified buyers. Best rates with strong credit; no upfront mortgage-insurance fee.

FHA

3.5% down and flexible credit — popular with first-time buyers. FHA loans →

VA

0% down for eligible veterans and service members, with no monthly mortgage insurance. VA loans →

USDA

0% down in eligible rural and edge-of-metro areas of Central Indiana. USDA loans →

Your Financing Roadmap

Your Realty Link is a real estate brokerage, not a lender, and we receive no compensation for lender referrals. We connect you with independent local lenders so you get advice tailored to your situation.

Ready to Get Pre-Approved?

Tell us where you are in the process and we'll connect you with a trusted local lender — no pressure, no obligation.

Mortgage FAQs

How much home can I afford in Indianapolis?

A common guideline is keeping your total housing payment near 28% of gross monthly income, but the real answer depends on your debts, down payment, rate, and comfort level. The calculator above gives a quick payment estimate; a lender pre-approval gives you the real number. We're glad to connect you with a trusted local lender.

What credit score do I need to buy a home?

It varies by loan. FHA loans can go as low as the 500s–580 with a larger down payment; conventional loans usually want 620+; and the best rates go to scores around 740+. Do not assume you can't qualify — a lender can tell you exactly where you stand and what to improve.

How much do I need for a down payment?

Less than most people think. Conventional loans can go as low as 3% down, FHA is 3.5%, and VA and USDA can be 0% down for those who qualify. Indiana also has down payment assistance programs. See our down payment assistance guide.

Should I get pre-approved before I start looking?

Yes. A pre-approval tells you your real budget, shows sellers you're serious, and lets you move fast when you find the right home. It's the first real step — start with our pre-approval guide.

Talk Financing With Your Realty Link

Not sure which loan or lender fits? Send a note and we'll point you in the right direction.

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