Affordability Calculator

Find out how much home you can afford based on your income and debts.

Inputs

Annual Household Income

Monthly Debt Payments

Car payments, student loans, credit cards, etc.

Available Down Payment

Interest Rate6.50%

Max DTI Ratio43%

Most lenders allow up to 43% DTI

Estimated Rates

Property Tax Rate1.2%

Insurance Rate0.5%

Maximum Home Price

At 43% DTI

$695,413

Comfortable Home Price

At 28% front-end DTI

$517,704

Max Housing Payment

$4,875

Comfortable Payment

$3,500

Front-End DTI

Housing costs / income

39%

Back-End DTI

All debts / income

43%

Loan Amount

$615,413

Down Payment

$80,000

See your exact buying power