Instead of starting with a home price and hoping it fits, this home affordability calculator works backward from your income, debts, and down payment to show a realistic price range. Home affordability calculator works backward from your income, debts, and down payment to show a realistic home price range, rather than starting with a home price and hoping it fits. This approach helps you avoid touring homes outside your actual budget before you’ve run the numbers.
Home Affordability Calculator
Find out how much house you can afford based on your income or target payment.
Mortgage & Property Details
Monthly Payment Breakdown
Yearly Amortization Schedule
| Year | Principal Paid | Interest Paid | Remaining Balance |
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For a deeper look at the income guidelines behind this calculation, our article on how much house you can afford based on your salary walks through the common rules lenders use. Your existing debt load matters just as much as income — see debt-to-income ratio and why it matters for home buying for more detail. Once you have a target price range, our home down payment calculator and home borrowing calculator can help you refine the numbers further.