Home Affordability Calculator
Find out how much house you can afford based on your income, debts, and down payment.
Files processed in your browser — never uploaded to our serversFrequently Asked Questions
The 28/36 rule says your housing costs should not exceed 28% of gross monthly income, and total debt payments (including housing) should not exceed 36%.
Monthly debts include car payments, student loans, credit card minimums, and other installment loans. Do not include utilities or groceries.
Conventional loans typically require 3–20% down. FHA loans require 3.5%. A 20% down payment avoids PMI and results in lower monthly payments.
Not necessarily. Just because you qualify for a large loan doesn't mean you should take it. Consider your savings goals, job security, and lifestyle when choosing a home price.