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Home Affordability Calculator

Find out how much house you can afford using the 28/36 debt-to-income rule, based on your income and existing debts.

Gross Monthly Income ($)

Monthly Debt Payments ($)

Car, student loan, credit card minimums — NOT rent

Down Payment ($)

Credit Score Tier

Loan Term (years)

Property Tax (%/yr)

Home Insurance ($/mo)

Max Home Price (28/36 Rule)

$392,243

Max Loan

$332,243

Max Monthly P&I

$2,100

Front-End DTI

28.0%

Housing ÷ income (limit: 28%)

Back-End DTI

33.3%

All debts ÷ income (limit: 36%)

Affordability Scenarios

ConservativeDTI 33.0%

Price

$315,000

Monthly P&I

$1,612

Total PITI

$2,077

RecommendedDTI 40.3%

Price

$390,000

Monthly P&I

$2,086

Total PITI

$2,626

StretchDTI 48.2%

Price

$470,000

Monthly P&I

$2,591

Total PITI

$3,211

Monthly Payment by Scenario

Based on 28% front-end / 36% back-end DTI guidelines. Actual approval depends on credit score, lender, and additional factors. Does not include PMI (required if down payment < 20%).

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