Home Affordability Calculator

Find out how much house you can afford based on your income and debts

Your Finances

Annual Income

Monthly Debts (excl. mortgage)

Car loans, student loans, credit cards, etc.

Down Payment Savings

Interest Rate %

Loan Term (years)

Property Tax Rate %

Insurance ($/mo)

HOA ($/mo)

State

Filing Status

Max Home Price (28/36 Rule)

$350,046

Down Payment

$60,000 (17%)

Loan Amount

$290,046

Affordability Range

Conservative (25%)

$315,896

Comfortable

Standard (28%)

$350,046

Recommended

Aggressive (33%)

$406,962

Stretched

Monthly Payment at Max Price

P & I

$1,833

Property Tax

$350

Insurance

$150

HOA

Total

$2,333

Front-End DTI

28%

Housing / gross

Back-End DTI

34%

All debts / gross

Housing / Net Pay

38.5%

After-tax perspective

Payment Breakdown

Monthly$2,333

Principal & Interest78.6%

Property Tax15.0%

Insurance6.4%