House Affordability Calculator
The price range your income and debts actually support.
Enter your values
Results update instantly as you type — no submit needed.
Results
- Maximum home price
- $323,546.51
- Maximum loan
- $273,546.51
- Max total housing payment
- $2,216.67
- Principal & interest portion
- $1,729.00
Quick answer
Lenders generally allow housing costs up to 28% of gross income and total debt up to 36%, which sets the maximum home price you qualify for.
How to use the House Affordability Calculator
- 1Enter your gross annual income and existing debt payments.
- 2Add your down payment and the current rate.
- 3Read the affordable price range.
Frequently asked questions
Should I borrow the maximum?
Rarely. The maximum is what a lender allows, not what leaves room for savings, repairs and rate changes — many buyers target 20–25% of income.
Why is 22% held back?
Property tax, insurance and possible HOA fees take a meaningful slice of the housing budget before principal and interest.