Home affordability
Home Affordability Calculator
Estimate how much house you can afford from your income, debts and down payment using the 28/36 guideline, including tax, insurance and PMI.
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Car, student loans, card minimums — not rent.
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Many lenders use 28%.
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Many lenders use 36%; some go to 43–50%.
Home price you can afford
$320,463
Monthly housing payment
$2,333
Loan amount
$280,463
Principal & interest · 76%Property tax · 13%Insurance · 6%PMI · 5%HOA · 0%
Your income limit is what caps this price, not your debts.
Uses the 28/36 debt-to-income guideline many lenders start from; approval depends on credit, loan type and lender. PMI assumed at 0.5% a year when you put down less than 20%. Leave room for maintenance (often 1–2% of the home's value a year) and closing costs.
