Home Affordability Calculator
Discover how much house you can afford based on your income, debts, and down payment. Uses the 28/36 rule for realistic estimates.
Your Information
Your total household income before taxes
Car loans, student loans, credit cards, etc.
Cash available for down payment
Current 30-year fixed mortgage rate
Annual property tax as % of home value
Estimated annual homeowners insurance
If applicable (enter 0 if none)
Enter Your Information
Fill out the form to calculate how much home you can afford
How This Calculator Works
The 28/36 Rule
This calculator uses the industry-standard 28/36 rule, which most lenders follow when determining how much you can borrow. The rule states that your housing expenses should not exceed 28% of your gross monthly income, and your total debt should not exceed 36%.
Front-End Ratio (28%)
This is the percentage of your gross monthly income that goes toward housing costs, including mortgage principal, interest, property taxes, homeowners insurance, and HOA fees.
Back-End Ratio (36%)
This includes all your monthly debt obligations - housing costs plus car loans, student loans, credit card payments, and any other recurring debts.
Three Price Ranges
We provide conservative (85%), recommended (100%), and aggressive (105%) price ranges. The conservative range gives you more financial cushion, while the aggressive range pushes closer to the maximum lenders will approve.