Home Affordability Calculator

Free home affordability calculator. Find out how much house you can afford based on income and expenses.

Annual Income ($)

Down Payment (%)

Interest Rate (%)

Monthly Debt ($)

Property Tax Rate (%)

Monthly Insurance ($)

Income Based

Calculate max home price based on the 28/36 rule for housing costs.

Full Picture

Includes property tax, insurance, HOA, and PMI in calculations.

Down Payment

See how different down payments affect your buying power.

FAQ

How much house can I afford?

The 28/36 rule: spend no more than 28% of gross income on housing costs, and no more than 36% on total debt. On $80K income, thats ~$1,867/month for housing.

How much down payment do I need?

Conventional loans require 3-20% down. FHA loans require 3.5%. 20% down avoids PMI ($100-300/month).