How much home can I afford calculator
Use this calculator to start with your target monthly housing budget and estimate the maximum home price that may fit. It is built for planning, comparison, and affordability framing before you talk to a lender.
Affordability inputs
This calculator provides an estimate only and does not account for lender underwriting rules, debt-to-income thresholds, reserve requirements, or every program-specific loan constraint.
What this estimate includes
The calculator starts with your target total monthly payment, then subtracts taxes, homeowners insurance, HOA dues, and PMI to estimate how much principal and interest payment room remains. From there, it works backward to estimate a loan amount and home price.
How to use the result
Think of the result as a planning range, not a guaranteed approval number. It can help you compare scenarios, test different down payments, or see how taxes and insurance change what feels affordable.
Get the free first-time home buyer checklist
Use the free worksheet to turn your affordability number into a clearer action plan before you talk to lenders or start touring homes.
- Monthly payment comfort prompts
- Down payment and closing-cost planning
- Simple next-step organization
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