Mortgage Affordability Calculator
Find out how much home you can afford based on your income, debts, down payment, and current interest rates. Uses the standard 28/36 rule and lender DTI guidelines to give you a realistic budget.
Your Financial Situation
Total household income before taxes
Car loans, student loans, credit cards (minimums), other loans
Cash available for down payment (not including closing costs)
US average is ~1.1%
Estimate ~$125–$200/month for most homes
Results update automatically
Your Home Buying Budget
EstimatedLoading your results…
Results update automatically as you change values
Estimated Home Affordability by Income (7% Rate, 20% Down)
| Annual Income | Max PITI (28%) | Estimated Loan | Max Home Price |
|---|---|---|---|
| $50,000 | $1,167 | $124,000 | $155,000 |
| $75,000 | $1,750 | $202,000 | $252,500 |
| $100,000 | $2,333 | $280,000 | $350,000 |
| $125,000 | $2,917 | $358,000 | $447,500 |
| $150,000 | $3,500 | $437,000 | $546,000 |
| $200,000 | $4,667 | $596,000 | $745,000 |
Assumes 20% down payment, 7% interest rate, 30-year term, 1.1% property tax, $150/month insurance, no other debts.
$8,000/month gross income — $500/month existing debts — $60,000 down — 7% rate