Mortgage tools
Home Affordability Calculator
Estimate an affordable purchase price and housing payment from income, debts, down payment, and assumptions.
Free, private estimate
Enter your assumptions
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HomeMoneyTools provides calculators and educational information for general informational purposes only. Results are estimates and may not reflect actual lender terms, taxes, insurance, fees, market conditions, or other costs. HomeMoneyTools does not provide lending, financial, tax, legal, real-estate, or investment advice. Always verify important financial information with the appropriate licensed professional or provider.
How this estimate works
This educational estimate uses a 36% total-debt-to-income guideline. A lender may use different criteria and actual affordability depends on your full financial situation.
HomeMoneyTools provides calculators and educational information for general informational purposes only. Results are estimates and may not reflect actual lender terms, taxes, insurance, fees, market conditions, or other costs. HomeMoneyTools does not provide lending, financial, tax, legal, real-estate, or investment advice. Always verify important financial information with the appropriate licensed professional or provider.
Common questions
How much house can I afford?
This calculator works backward from an illustrative monthly debt-to-income limit.
Is this a loan approval?
No. It is an estimate, not an approval or recommendation.