Home Affordability Calculator

Estimate a home price that fits your budget using common debt-to-income guidelines.

Estimates only, for educational purposes. Not a loan offer or financial advice.

How it works

The calculator applies the classic 28/36 rule: housing costs up to 28% of gross monthly income and total debts up to 36%, whichever is tighter. It includes property tax, insurance, HOA dues, and an estimated PMI of 0.5% per year when your down payment is under 20%. Lenders may approve more, but a lower payment leaves room for savings and repairs. Read How Much House Can I Afford?

More tools: Mortgage Calculator · Rent vs. Buy Calculator · Refinance Calculator