Home Affordability Calculator

Discover how much house you can afford based on your income, debts, and down payment

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Financial Information

$
Your total household income before taxes
$
Car loans, credit cards, student loans, etc.
$
Cash available for down payment
%
Current mortgage rate you expect to get
years
Length of your mortgage (typically 15 or 30 years)
%
Annual property tax as % of home value
%
Annual insurance as % of home value
$
Homeowners association fees
%
Private Mortgage Insurance if down payment < 20%
%
Maximum recommended total debt payments as % of income
Monthly Income: $6,250
Home Affordability Results

Enter your financial information to discover how much house you can afford.

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Max Price
$0
Monthly Payment
0%
Down Payment
Home Buying Tips
20% Down Payment: Avoids PMI and reduces monthly payments
Emergency Fund: Keep 3-6 months of expenses saved
Maintenance Costs: Budget 1-3% of home value annually
Get Pre-approved: Know your exact budget before shopping
Total Cost: Consider taxes, insurance, and utilities
Future Planning: Buy based on current income, not future expectations