Home affordability calculator
Translate your own monthly budget into an estimated purchase price.
Your estimate
Assumptions and limits
The DTI ceiling is your scenario assumption, not a lender approval threshold. Closing costs, maintenance and cash reserves are excluded from the price estimate.
Dollar amounts use USD. Values are rounded for display. Use figures from your lender and property records; these results are not a loan offer or financial advice.
How the calculation works
Related tools
Amortization calculator
See every monthly payment split into principal, interest and remaining balance.
Extra mortgage payment calculator
Estimate interest saved and how much sooner you could pay off your loan.
Refinance comparison calculator
Compare payments, interest and remaining balances over the same holding period.
Debt-to-income calculator
Calculate housing and total debt payments as a share of gross income.
Loan-to-value calculator
Estimate LTV, combined LTV and equity from your property value and debt.
Down payment calculator
Compare cash down, loan balance and loan-to-value at your chosen percentage.
Cash-to-close calculator
Build an itemized estimate of the cash you may need at closing.
Mortgage points break-even calculator
Compare the cost of discount points with monthly principal-and-interest savings.
15-year vs. 30-year calculator
Compare monthly payments and lifetime interest on two fixed loan terms.
Interest-only payment calculator
Estimate an interest-only payment and the later amortizing payment.
Rent vs. buy calculator
Compare modeled net costs over a chosen period with explicit assumptions.