Home Affordability Calculator - How Much Can I Afford?

Home Affordability Calculator

From Data Team · Reviewed by Martin H. · About this article ↓

Based on your budget, how much can you afford for a home?

Enter your income, monthly debt payments, and down payment cash into our home affordability calculator, we’ll calculate the numbers for you.

Annual Income ($)

Total Monthly Debts ($)

Down Payment ($)

Change mortgage terms & other costs

Interest Rate (%)

Loan Term (years)

Annual Property Taxes ($)

Annual Home Insurance ($)

Monthly HOA Fees ($)

DTI Ratio (%)

Max home price (mortgage only)

Max Home Price (with other costs)

Monthly payment (mortgage only)

Monthly payment (mortgage + costs)

You can use the checkbox above to change the base assumptions for your mortgage (rate & term), debt to income ratio, and include other home related costs in your calculations.

Learn more about home loans, see 30 year rates, 20 year rates, 15 year rates, FHA rates, and VA rates. Plus community recommended home loans lenders near you to find lenders for your situation. We also have a home loan calculator.

About This Article

Reviewed by: Martin H., Finance Editor. MSc, MBA. Covers mortgages and consumer finance since 2006.
Data by: Maxim W., Data Analyst. BSc Science, 12 years in consumer analytics.

Sources & Methodology

Our data comes from our community: members share the rates, terms, credit requirements and costs they receive from financial services companies. It is then compiled and reviewed by our Data Team.

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