House Affordability Calculator
Max home price = (Affordable monthly payment × factor) + Down paymentMax PITI ≈ $1,867/month → loan ≈ $295,000 + $40,000 = $335,000
Free online tool
House Affordability Calculator
Enter your income, debts, down payment and loan terms to find your home budget.
Instant calculation
House Affordability Calculator
Enter your income, debts, down payment and loan terms to find your home budget.
Your result
Calculation
Your numbers stay in this browser. Nothing is uploaded or saved.
Three clear steps
How to use this calculator
- 01
Enter income and debts
Type your annual income and monthly debt payments.
- 02
Enter down payment
Type the amount you have for a down payment.
- 03
Set loan terms
Enter the interest rate, loan term and property tax rate.
The formula
How this calculation works
Considers the 28/36 rule: housing costs under 28% of income and total debt under 36%.
Check the method
Worked examples
Each example follows the same formula used by the calculator.
$80,000 income, $500 debts, $40,000 down, 6.5% rate, 30 years — afford?
Max PITI ≈ $1,867/month → loan ≈ $295,000 + $40,000 = $335,000≈ $335,000 max home priceCommon questions
Questions about this calculation
What is the House Affordability Calculator?
The House Affordability Calculator helps you estimate how much house you can afford based on income and debts. Enter your values and select Calculate to get an instant result.
How is the result calculated?
Considers the 28/36 rule: housing costs under 28% of income and total debt under 36%.
Can you show an example?
Example: $80,000 income, $500 debts, $40,000 down, 6.5% rate, 30 years — afford? — ≈ $335,000 max home price.
Is my data saved when I use the House Affordability Calculator?
No. All calculations run locally in your browser. Your inputs and results are never uploaded, stored or shared with anyone.
Is the House Affordability Calculator free to use?
Yes. The House Affordability Calculator is completely free. No account, sign-up or payment is required. It works on mobile, tablet and desktop.
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