House Affordability Calculator

Calculate how much house you can afford based on your income, debts, and financial goals. Get personalized recommendations and mortgage scenarios.

Step 1 of 425% Complete

Income & Credit

Monthly Debts

Preferences

Results

Income & Employment

Tell us about your income and employment situation

Annual Gross Income

Other Monthly Income

Bonuses, side hustle, rental income, etc.

Employment Type

Years in Current Job

Credit & Down Payment

Credit Score

Good - Competitive rates

Down Payment %

I have my down payment saved

Target Months to Save Down Payment

Income Summary

Annual Income:$80,000

Monthly Income:$6,667

Other Income:$0

Total Monthly Income:$6,667

Estimated Interest Rate

Based on your credit score of 720: 7%

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Calculating your perfect home buying budget

How Much House Can You Afford?

Determining how much house you can afford is one of the most important steps in the home buying process. Our affordability calculator considers your income, existing debts, credit score, and down payment to provide personalized recommendations.

The 28/36 Rule

28% Housing: PITI should not exceed 28% of gross monthly income
36% Total DTI: All monthly debts plus housing should not exceed 36% of gross monthly income

28% Housing Cap

Guideline

Principal, interest, taxes, and insurance

36% Total DTI

Constraint

All debts including housing

Scenarios

ComfortableMaximumStretch

House Affordability Calculator

Income & Employment

Credit & Down Payment

Income Summary

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How Much House Can You Afford?

Key Factors That Affect Affordability

Additional Costs to Consider

Strategies to Increase Buying Power

Location-Specific Considerations

Timing Your Home Purchase

First-Time Home Buyer Programs

Working with Real Estate Professionals

House Affordability Calculator

Income & Employment

Credit & Down Payment

Income Summary