Affordability Calculator

Find out how much house you can afford based on your income, debts, and down payment.

Your Income

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$

Car loans, credit cards, student loans, etc.

Loan Details

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%

Monthly Costs

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Estimated Purchase Price Range $350,000 – $420,000
Conservative Stretch
Conservative (28% DTI) $350,000
Comfortable (36% DTI) $385,000
Maximum (43% DTI) $420,000

Monthly Payment Breakdown

Monthly Income $10,000
Est. Housing Payment $2,433
Total Monthly Debts $2,933
Debt-to-Income Ratio 29.3%

This calculator is for estimation purposes, only. This is not a commitment to lend.

Important disclosures and payment example

This calculator is for estimation purposes, only. Results do not reflect all loan programs and are subject to individual program loan limits. Qualification, rates, and payments will vary based on timing and individual circumstances. One point is equal to one percent of your loan amount. Payment does not include taxes and insurance. This is not a commitment to lend. Here's a payment example based on an average home price and the most common loan type:

  • Sale Price: $502,700
  • Down Payment (20%): $100,540
  • Loan Amount: $402,160
  • Loan Type: 30 Year Fixed
  • Interest Rate: _____% (_____% APR)
  • Points: _____
  • Monthly Payment: $_____
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