Affordability Calculator

Determine how much house you can afford based on your income and expenses.

Financial Information

Enter your income and expenses to calculate affordability

Annual Household Income$100,000

$30,000$300,000

Monthly Debt Payments$500

Include car loans, student loans, credit cards, and other monthly debt obligations

Down Payment

Down Payment Percentage20%

3%20%50%

Amount: $0

Interest Rate4.5%

Loan Term30 years

Property Tax Rate

Annual Insurance

Monthly HOA

Maximum DTI Ratio36%

28%36%50%

Most lenders prefer a debt-to-income ratio of 36% or less, though some allow up to 43-50%

Home Affordability

Based on your financial information

maximum home price

Principal & Interest:$0.00

Property Tax:$0.00

Insurance:$0.00

Total Monthly Payment:$0.00

Front-End DTI (Housing)

0.0%Good

Back-End DTI (All Debts)

0.0%Good

Home Price:$0

Down Payment:$0 (20.0%)

Loan Amount:$0

Monthly Income:$8,333

Monthly Debts:$500

Down Payment: 20% or more down payment eliminates the need for PMI.

Housing Ratio: Your housing payment is 0.0% of your monthly income. This is within the recommended range.

Debt-to-Income: Your total DTI is 0.0%. This is within the recommended range.