Home Affordability Calculator
Calculate how much house you can afford based on your income, debts, and interest rate. Get three scenarios showing your range from conservative to maximum affordability.
Calculate Your Affordability
See what home price range you can afford based on your income and debts
What happens next: We'll show you three affordability scenarios from conservative to maximum, each with different debt-to-income ratios and monthly payment breakdowns.
Understanding Debt-to-Income (DTI) Ratios
Front-End DTI (Housing Ratio)
This is your total monthly housing payment (principal, interest, taxes, insurance, PMI, HOA) divided by your gross monthly income.
Example: If your housing payment is $2,000 and your monthly income is $7,000, your front-end DTI is 28.6%.
Back-End DTI (Total Debt Ratio)
This includes your housing payment plus all other monthly debt obligations (car loans, credit cards, student loans) divided by your gross monthly income.
Example: If your total debts are $2,500 and your monthly income is $7,000, your back-end DTI is 35.7%.
Industry Standards
Conservative
25% / 33%
Traditional
28% / 36%
Maximum (FHA)
43% / 50%
Ready to See the Full Details?
Use the "Load Into Calculator" button above to see a complete amortization schedule, equity milestones, and detailed payment breakdowns in our full Mortgage Modeler.
Explore Mortgage Modeler