House Affordability Calculator
Find out how much house you can afford based on your income, debts, and down payment. Use the 28/36 rule to budget wisely.
Enter Values
Car, student, credit card minimums
Calculator insights
What this calculator does
House Affordability Calculator helps you quickly estimate find out how much house you can afford based on your income, debts, and down payment. use the 28/36 rule to budget wisely. with clean output and clear next steps.
How the calculation works
Enter Annual Gross Income, Monthly Debt Payments, Down Payment Available and this calculator uses standard formulas to determine Maximum Home Price and Maximum Mortgage. The output is displayed immediately in a user-friendly format.
Example calculation
For example, enter realistic values into the House Affordability Calculator to see how the calculator produces Maximum Home Price and Maximum Mortgage that you can use for planning and comparison.
Disclaimer
The calculations provided by this website are for informational purposes only and should not be considered financial, legal, tax, or professional advice.
Frequently Asked Questions
What is the 28/36 rule?
Spend no more than 28% of gross income on housing costs and no more than 36% on all debt payments combined.