House Affordability Calculator
Calculate how much house you can afford based on income, debts, and down payment.
Results
Visualization
How It Works
Lenders use two key ratios: the front-end ratio (housing costs / gross income, max 28%) and back-end ratio (total debts / gross income, max 36%). The lower of these two determines your maximum monthly payment. A 20% down payment avoids PMI (private mortgage insurance), which adds $100-300/month on a typical loan. Pre-approval from a lender gives you a concrete number.