Free financial decision tools

How Much House Can You Afford?

Get your comfortable, conservative, and maximum home price based on your real numbers.

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Your Income
Gross annual household income
Car payments, student loans, credit card minimums, etc.
🏠
Home & Mortgage Details
Customize to your market
You Can Comfortably Afford
$320,000
Monthly payment: $2,100 · DTI: 28%
Conservative
$0
$0/mo
25% DTI
Comfortable
$0
$0/mo
28% DTI
Maximum (Stretched)
$0
$0/mo
36% DTI
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Monthly Payment Breakdown
Where your housing payment goes (comfortable tier)
$0
per month
Principal & Interest
$0
Property Taxes
$0
Home Insurance
$0
PMI (< 20% down)
$0
Debt-to-Income Ratio
Total monthly debts (including housing) vs gross monthly income
0% 28% ✓ 36% 43%+ ⚠ 50%
28% Within guidelines
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How This Calculator Works

This calculator uses the 28/36 rule as the foundation. The "comfortable" tier caps your total housing payment at 28% of gross income. The "conservative" tier uses 25%, and the "maximum" tier stretches to the 36% back-end ratio (total debts including housing). It calculates the maximum mortgage you can carry at each tier, then converts that to a home price based on your down payment. PMI is estimated at 0.5% annually if your down payment is under 20%. The monthly payment includes principal, interest, property taxes, insurance, PMI (if applicable), and HOA fees.