House Affordability Calculator
Calculate how much home you can afford based on income and debts
Income & Debts
Monthly: $13K
Car, student loans, credit cards, etc.
Down Payment & Loan
6.5%
Property Costs
1.2%
DTI Limits
Debt-to-income ratio limits lenders use
28%
36%
Max Home Price
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Based on your income and debts
Monthly Payment
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Total PITI + HOA
Down Payment
-
No PMI needed
Monthly Payment Breakdown
Where your housing payment goes
Debt-to-Income Ratios
Your ratios vs. lender limits
Income Required by Home Price
How much income you need for different price points
Green bars = affordable with your income | Red bars = above your income
Lifetime Costs
Tips
- •20% down payment avoids PMI (~0.5-1% of loan/year)
- •Budget 1-3% of home value annually for maintenance
- •Keep 3-6 months of expenses in emergency fund
- •Consider a 15-year mortgage to save on interest