Mortgage Affordability Calculator
Before you fall in love with a home, know your numbers. This calculator shows your maximum purchase price based on your income, debts, and down payment - so you can shop with confidence.
The biggest mistake homebuyers make? Falling in love with a home they can't afford. Getting pre-approved is step one, but understanding your true affordability goes deeper than what a lender will approve.
Lenders look at your debt-to-income ratio (DTI) - the percentage of your monthly income that goes to debt payments. Most loans require a DTI under 43%, but just because you qualify doesn't mean it's comfortable. This calculator helps you find the sweet spot.
We factor in your down payment, current debts, and desired interest rate to show you a realistic maximum purchase price. Use this as your guide when browsing listings - it'll save you time and heartache.
Determine how much home you can afford based on your income, debts, and down payment. This calculator uses standard lending guidelines to estimate your maximum purchase price.