01 — Affordability
Affordability Calculator
How much house can you afford? Uses the 28/36 DTI rules to estimate your max home price.
Your finances
$
$/mo
Car, student loans, credit cards, etc.
$
16.7% of max home price
Loan assumptions
%
years
%
$/yr
%
Applied while down payment is under 20%
The rules applied
- Front-end ratio (28% rule)
- Max housing payment = 28% of gross income
- $2,333/mo
- Back-end ratio (36% rule)
- Max total debt = 36% of gross income
- $3,000/mo
- Your DTI at max price
- Housing + debts / gross income
- 33.9%
What you can afford
Max home price
$299,000
- Max loan amount
- $249,000
- Principal & interest
- $1,574
- Property tax
- $523
- Insurance
- $125
- PMI
- $104
Monthly total$2,326
Uses the 28/36 debt-to-income rules lenders apply. Estimate only — your lender's answer depends on credit, down payment source, and local taxes.
Want the full buying picture?
Compare Conservative, Target, and Stretch offers against this budget.
The Real Cost to Buy Workbook adds monthly burn, Conservative / Target / Stretch offers, seller proceeds, renovation risk, debt, paycheck planning, and a blunt offer verdict.
View the workbook · $29