🏠 Home Affordability Calculator
Find out how much home you can afford based on your income, debts, and current interest rates. Get a realistic budget for your home search.
How to Use This Home Affordability CalculatorFree & Accurate
Find out how much home you can afford based on your income, debts, and current interest rates. Get a realistic budget for your home search. Perfect for first-time homebuyers, pre-qualification planning, and understanding your purchasing power.
Enter Finances
- • Annual Income - Total yearly earnings
- • Monthly Debts - Car, loans, cards
- • Down Payment - Cash available
- • DTI Limit - Your comfort zone
Set Mortgage Terms
- • Interest Rate - Current APR
- • Loan Term - 15/20/30 years
- • Property Tax - Local tax rate
- • Insurance & HOA - Monthly costs
Calculate
- • Max Home Price - Your budget
- • Monthly Payment - Total housing cost
- • DTI Ratio - Debt-to-income
- • Status - Safe/At Risk/Exceeds
Adjust & Compare
- • Change DTI - See different budgets
- • Adjust Down Payment - Impact on price
- • Rates Change - Current market
- • Find Homes - Within your range
Pro Tip: Most lenders recommend a DTI ratio below 36% (28% for housing costs). Use our calculator to find the sweet spot where you can comfortably afford your home. Remember to factor in property taxes, insurance, and maintenance costs - they can add 20-30% to your monthly payment!
Why Use Our Home Affordability Calculator? Our free home affordability calculator helps you determine how much house you can afford based on your income, debts, down payment, and current interest rates. Whether you're a first-time homebuyer or looking to upgrade, our tool provides accurate calculations with detailed payment breakdowns. Compare different DTI ratios, loan terms, and down payment amounts to find your ideal home budget and get pre-qualified with confidence.
● Basic Inputs
State average 0.28-2.42%. Verify local county rate.Verify official rate →
💡 All calculations are estimates. Rates vary by lender and location. Please verify with official sources for accurate numbers.
Enter values to see results
Results update automatically