Home buying calculator
Home Affordability Calculator
Estimate an affordable home price from income, debts, down payment, rate, term, tax, insurance and DTI.
Estimate an affordable home price from income, debts, down payment, rate, term, tax, insurance and DTI.
The estimated price uses the entered DTI limit and costs. A lender can apply different approval rules and rates.
A visual summary that updates with your calculation.
The calculator applies the selected housing DTI limit, subtracts entered debts and housing costs, then converts the remaining payment budget into a loan principal.
Try several DTI limits and cost assumptions. A maximum approval amount is not necessarily a comfortable budget.
Lenders can use different DTI rules, credit standards, reserves, rates and property costs.