Home Affordability Calculator

This 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.

Based on Income
Based on Payment
$
Your total income before taxes.
$
Auto loans, student loans, minimum credit card payments, etc.
$
The maximum you want to spend each month on housing.

Mortgage & Property Details

$
%
%
$
$

Monthly Payment Breakdown

Yearly Amortization Schedule

Year Principal Paid Interest Paid Remaining Balance

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.