Home Affordability Calculator (USA)
Find out how much house you can afford based on your income, monthly debts, down payment, and mortgage details.
Income & Debt
Car loan, credit cards, student loans
Mortgage Details
Home Affordability Result
| Maximum Home Price | |
|---|---|
| Estimated Monthly Mortgage | |
| Debt-to-Income Ratio (DTI) |
How Home Affordability Is Calculated
In the United States, lenders typically use the 28/36 rule to determine how much home you can afford. This means:
- Housing costs ≤ 28% of gross monthly income
- Total debt ≤ 36% of gross monthly income
Factors That Affect Home Affordability
- Your annual income
- Existing monthly debts
- Down payment amount
- Mortgage interest rate
- Property taxes & insurance
Why Use a Home Affordability Calculator?
This calculator helps you set a realistic home price range before applying for a mortgage, avoiding over-borrowing and financial stress.
Disclaimer
This calculator provides estimates only. Actual loan approval depends on credit score, lender requirements, and market conditions.