Home Affordability Calculator
Turn income and existing debts into a realistic price range — conservative, recommended, and stretch — using the debt-to-income guidelines lenders work from.
Recommended home price
$399,038
A $2,800/mo housing payment — the 28% / 36% debt-to-income guideline
The monthly payment at this price
- Principal & interest$2,14376.5%
- Property tax$36613.1%
- Home insurance$1505.4%
- HOA dues$00%
- PMI$1415%
How it works
The math behind the numbers
- Each tier caps the housing payment at the lower of two limits: a share of gross monthly income (front-end ratio) and a total-debt ceiling minus existing debts (back-end ratio).
- Tiers use 25% / 33%, 28% / 36%, and 31% / 43% front- and back-end ratios.
- The price is solved so the full payment — principal, interest, taxes, insurance, HOA, and any PMI — matches the budget.
These estimates are for educational purposes and aren't financial, lending, or tax advice. Actual rates, costs, and loan terms vary — confirm the numbers with a licensed lender, title company, or tax professional before making decisions.
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