How Much House Can I Afford?
Enter your income, debts, down payment, and housing-cost estimates to calculate a possible affordable home price.
Helpful tip: Lower monthly debt or a larger down payment can increase your estimated home affordability.
How This Mortgage Affordability Calculator Works
This calculator starts with monthly income and debts, applies your selected debt-to-income ratio, and estimates a home price based on down payment, interest rate, loan term, taxes, insurance, PMI, and HOA fees.
The result is only an estimate. Lenders may use credit score, loan type, employment history, cash reserves, property details, and other underwriting rules.
Important: This calculator is for planning and educational use only. It is not a mortgage approval, loan offer, or financial advice.
Ways to Improve Home Affordability
You may be able to improve affordability by increasing your down payment, reducing monthly debts, improving your credit profile, comparing mortgage rates, lowering insurance costs, or choosing a lower-priced home.