Affordability Calculator
Find out how much house you can afford based on your income
Your Financial Information
Before taxes — include all income sources
Car loans, student loans, credit cards (min payments)
Optional — improves accuracy
You Can Afford Up To
$318,306
based on your income and debts
Max Monthly Payment
$2,441
PITI total
Monthly Income
$8,333
Gross monthly
Debt-to-Income Ratios
Your front-end ratio is above 28%. Consider a lower-priced home or larger down payment.
- Max Loan Amount
- $258,306
- Down Payment
- $60,000
- P&I Payment
- $1,833
- Monthly Tax
- $400
- PMI
- $108
Ready to take the next step?
⚡Get Pre-Approved — Free🏦Compare Rates from 50+ Lenders★ Rates as low as 6.25% today · No hard credit pull
🏠First-Time Buyer? FHA Options — Low down payment, flexible creditSponsored links. We may earn a commission at no cost to you.
How Lenders Calculate Affordability
Front-End Ratio (28% rule)
Your monthly housing costs (PITI) should not exceed 28% of your gross monthly income. Example: $6,000/month income × 28% = $1,680 max PITI.
Back-End Ratio (36–43% rule)
All monthly debt payments (housing + car + student loans + credit cards) should not exceed 36–43% of gross income. FHA allows up to 57%.