FT FinToolSuite

Mortgage Planning

Limitations of Mortgage Affordability Simulations

This guide explains what the tool models, what it does not, why lender outputs can differ, why probability is not a prediction, and how to use results safely without over-trusting a single run.

Published: January 1, 2026 · Updated: January 1, 2026 · By FinToolSuite Editorial

Open the stress tester

Run scenarios with clear assumptions and note what the model does and does not include.

Try the Mortgage Stress Tester

Disclaimer

  • Educational only. No guarantees. Encourage professional guidance without providing advice.
  • Examples are illustrative.

What the tool models

It models rate, income, and cost shocks within your assumptions to produce DTI distributions, recommended safe loan, and model default probability.

What it does not model

It does not include every local lending rule, exact payment schedules, or personal credit factors. Real outcomes can differ.

Why lenders can differ

Lenders use their own criteria, underwriting models, and documentation checks. This tool is separate and educational.

Why probability isn’t prediction

The model default probability depends on your inputs and randomness; it is not a forecast or guarantee.

Use results safely

Compare scenarios with the same baseline, test sensitivity, and keep inputs conservative. Label runs and note dates.

FAQs

Can I rely on one run?

No. Test multiple scenarios to see sensitivity.

Do inputs expire?

Assumptions can get stale. Update rates, taxes, and costs and rerun.

Where is privacy info?

See Privacy Policy.

Use with care

Open the mortgage affordability stress tester, run labeled scenarios, and keep notes on what the model includes and excludes.

Open the stress tester