How Much House Can I Afford
Powerful, free, and easy to use
How Much House Can I Afford Calculator
Calculate the maximum home price you can afford based on your income and expenses
Affordability Guidelines
- • Front-end ratio: Max 28% of income
- • Back-end ratio: Max 36% of income
- • Includes P&I, taxes, insurance, PMI, HOA
- • Consider emergency fund and maintenance
About the How Much House Can I Afford Calculator
This affordability calculator works backward from your income, debts, and savings to determine the maximum home price you can reasonably purchase. It applies standard lending guidelines such as the 28/36 debt-to-income rule to keep your housing costs sustainable. The result helps you set a realistic price range before you start browsing listings.
How to Use
Enter your gross annual household income, existing monthly debt payments like car loans and credit cards, available down payment amount, and the current mortgage interest rate. Optionally include estimated property taxes and insurance. The calculator computes the maximum loan amount a lender would likely approve and translates that into a home purchase price. Use this as a ceiling, not a target, to keep your finances comfortable after buying.