Home Affordability Calculator
Estimate how much home you may be able to afford based on your // income, existing monthly debts, down payment, interest rate, and // estimated housing costs.
Enter Your Scenario
Include:
Total gross household income before taxes.
Include:
Car payments, student loans, credit cards, personal loans, and any debts that show on your credit report.
Do not include:
Rent, utilities, groceries, subscriptions, gas, or other daily living expenses.
Debt-to-income ratio (DTI) is the percentage of your monthly income that goes toward paying debts, including your new housing payment. Most loan programs allow up to 43%, though some can go as high as 50%.
What This Calculator Shows
This tool estimates how much monthly housing payment may fit within your target debt-to-income ratio after accounting for your current monthly debts.
It includes principal and interest, estimated property taxes, and homeowners insurance, to calculate an estimated affordable home price for you.
Good To Know
Results are estimates only and do not represent a loan approval, locked rate, or exact payment. Actual figures can vary.