How Much House Can I Afford?
Enter your income, debts, and down payment to see the maximum home price you may qualify for.
Car payments, student loans, credit card minimums
Maximum home price
$594,230
20% down · 30-year fixed at 6.75%
DTI Health
No obligation. No credit check required.
Understanding Your Affordability
This calculator estimates the maximum home price you might qualify for using the standard 43% debt-to-income ratio that most lenders follow. It accounts for your existing monthly debts and the mortgage payment at the rate and term you select.
A larger down payment increases your buying power by reducing the loan amount needed. Similarly, a lower interest rate lets you qualify for more because each dollar of payment covers more principal.
For the most accurate estimate, get pre-approved. A loan officer will review your complete financial picture including credit score, employment history, and assets.
Frequently Asked Questions
Lenders use your debt-to-income (DTI) ratio — the percentage of your monthly gross income that goes toward debt payments. Most lenders allow a DTI up to 43%, though some programs allow higher ratios with compensating factors like a high credit score or large cash reserves.
Monthly debts include car payments, student loans, minimum credit card payments, child support, and any other recurring obligations that show on your credit report. Utilities, groceries, and subscriptions are not included.
Not necessarily. Just because you qualify for a certain amount does not mean it is comfortable for your budget. Consider your lifestyle, savings goals, and potential future expenses when deciding how much to spend on a home.
This calculator estimates the maximum home price based on the principal and interest portion of your payment. Your actual affordability may be slightly lower once taxes, insurance, and potential PMI are included.