Home Affordability Calculator
How much house can you actually afford? Enter your income, debts, and down payment to see your true buying power — no credit pull, no signup.
Debt-to-Income Ratios
Max % of gross monthly income for your full housing payment (the 28% rule).
Max % of gross monthly income for all debts combined (the 36% rule).
Taxes, Insurance & HOA
Monthly Payment Breakdown
Your down payment is under 20%, so PMI ($102/mo) is included. Put down 20%+ to remove it.
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These numbers are estimates. Connect with a local professional to get accurate rates for your specific situation.
See My Rate OptionsHow This Calculator Works
This affordability calculator uses the 28/36 rule — the guideline most lenders follow when deciding how much home you can comfortably afford. Your total monthly housing payment (principal, interest, taxes, insurance, and HOA) should stay under 28% of your gross monthly income, and your total monthly debts (housing plus car payments, credit cards, student loans, etc.) should stay under 36%.
Enter your annual household income, down payment, and recurring monthly debts. The calculator solves for the maximum home price your monthly budget supports at today's interest rate, factoring in property taxes, homeowners insurance, and PMI if your down payment is under 20%. Adjust the DTI sliders if your lender allows higher ratios — many FHA and VA loans go up to 43% or beyond.
The result is a conservative, real-world number — not a best-case scenario. If your debts are low and your down payment is solid, you may qualify for more. If your debts are higher, paying them down before you buy can meaningfully increase your buying power.
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You've seen the numbers — now get a free, personalized breakdown of your real buying power in about 60 seconds.
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