Mortgage Affordability Calculator

Calculate how much house you can afford

Annual Income ($)

Monthly Debts ($)

Down Payment ($)

Interest Rate (%)

Loan Term (Years)

Property Tax ($/year)

Home Insurance ($/year)

Max Home Price

Max Loan Amount

Estimated Monthly Payment

P&I + Tax + Insurance

Debt-to-Income Ratio

Understanding Affordability

Lenders typically recommend keeping your total housing costs below 28% of gross income and total debt (including housing) below 36%. This calculator uses the 28/36 rule.