Home Affordability Calculator
How much house can you really afford?
Max affordable home price:
Est. monthly payment:
Payment as % of income:
How to use this calculator
Enter your annual income, monthly debts, down payment, mortgage rate and property tax, then press Calculate. Max affordable price and monthly payment appear.
What the result means
The max price is what lenders would approve under the standard 28/36 rule. It's a ceiling, not a target — staying well below it keeps your budget comfortable.
Frequently asked questions
What is the 28/36 rule?
Lenders like housing costs under 28% of gross income and total debt under 36%. This calculator applies both.
Should I buy at the maximum?
Usually not — leave room for maintenance, repairs and rate changes.