How Much Home Can I Afford?
Enter your income, monthly debts, and down payment to get an instant estimate — no sign-up required.
Your Information
Include car payments, student loans, credit cards, etc.
Current average 30-yr fixed: ~6.9% (May 2026)
Fill in your details and click Calculate to see your estimated budget.
Estimated Max Home Price
—
Est. monthly payment: —/mo
Payment Breakdown
Based on 28% front-end / 36% back-end DTI guidelines. Taxes & insurance estimated at 1.5% annually. This is an estimate — speak with a lender for exact figures.
Ready to take the next step? I can connect you with a trusted lender to get pre-approved — usually within 24 hours. Let's talk →
How Lenders Decide What You Can Borrow
Debt-to-Income Ratio (DTI)
Lenders look at two numbers: your housing costs shouldn't exceed 28% of your gross monthly income (front-end), and all debts combined shouldn't exceed 36-43% (back-end). The lower your existing debts, the more home you can afford.
Down Payment
The more you put down, the smaller your loan — and the lower your monthly payment. 20% down also lets you avoid Private Mortgage Insurance (PMI), which can add $100-300/month to your payment.
Interest Rate
Even a 0.5% difference in rate can change your monthly payment by hundreds of dollars. Getting pre-approved early locks in your rate and gives you negotiating power when you find the right home.
Credit Score
Your credit score directly affects the interest rate a lender will offer you. Scores above 740 typically get the best rates. If yours needs work, I can point you to resources to improve it before you apply.
Want a More Accurate Picture?
Calculators are a great starting point, but every situation is different. Let's talk through your specific numbers — I can connect you with a trusted local lender and walk you through the process step by step.
Let's Talk