How Much House Can You Afford?
Enter your annual income, monthly debts (car loans, credit cards, etc.), down payment, and loan assumptions. The calculator uses the standard 28/36 DTI rule: housing (PITI) should not exceed 28% of gross income, and total debt (housing + other debts) should not exceed 36%. You can adjust these limits. Learn more about DTI (Debt-to-Income Ratio).
Income & Debts
$
$
Car loans, credit cards, student loans, etc.
$
Loan Assumptions
%
%
Annual rate (e.g. 1.2% = $1,200 per $100k home value)
Target DTI Ratio
%
Housing (PITI) / gross income — typical max 28%
%
(Housing + other debts) / gross income — typical max 36%
What You Can Afford
Maximum Home Price
$348,357
Based on your income, debts, down payment, and DTI limits
Maximum Loan Amount
$298,357
Home price minus your down payment
Estimated Monthly Payment
$2,333
Principal, interest, and property tax at the max loan
Mortgage Affordability Report
February 9, 2026
Inputs
Annual Income: $100,000
Monthly Debts: $500
Down Payment: $50,000
Interest Rate: 7%
Loan Term: 30 years
Property Tax Rate: 1.2%
Front-End DTI: 28%
Back-End DTI: 36%
| AFFORDABILITY SUMMARY | |
|---|---|
| Maximum Home Price | $348,357 |
| Maximum Loan Amount | $298,357 |
| Estimated Monthly Payment | $2,333 |
| Principal & Interest | $1,985 |
| Property Tax (monthly) | $348 |
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