Free tool · no sign-up
Affordability Calculator
How much home can I afford? Tell us your income, your down payment, and your monthly debts. We'll show a home price you could afford based on a 43% debt-to-income guideline. This is an estimate to help you plan — not an offer or a commitment to lend.
Your numbers
$
$
6.75%
Sample rate for illustration only — not a quote. Your rate depends on your credit, loan type, and market.
You could afford a home up to
$440,803
Estimated as a Conventional loan
Loan amount$400,803
Estimated monthly payment$3,225/mo
Principal & interest$2,600
Property taxes$300
Home insurance$125
Mortgage insurance (estimate)$200
What's this?
Mortgage insurance protects the lender when you put less than 20% down. It's part of your monthly payment, so we include it here — no surprises.
- – Conventional loans (PMI): this is an estimate only. Your actual PMI isn't known until we get a quote from a private mortgage insurance company, based on your credit, down payment, and loan. PMI can come off later as you build equity.
- – FHA loans (MIP): FHA sets this cost, and it includes an upfront fee added to your loan.
Your loan officer will give you the exact numbers with your quote.
Debt-to-income (DTI)43% · Stretched
Estimates only, based on a 43% debt-to-income guideline. Actual qualification depends on credit, program, and full underwriting. Not a commitment to lend.
Want to talk through your number?
A quick conversation can turn this estimate into a real plan. Free, no pressure.