Affordability calculator

Find out how much home you can realistically afford based on your income, debts, and down payment.

Annual income$100,000

$30,000$500,000

Monthly debts$500

$0$3,000

Down payment20%

3%50%

Interest rate6.67%

2.00%12.00%

Note: This uses the 28/43 rule (28% of income for housing, 43% total debt). Lenders may vary.

Max affordable home price

$272,039

With 20% down at 6.67%

Down payment

$54,408

Monthly payment

$2,026

Debt-to-income ratio30.3% / 43%

Good range

Current monthly debts$500

Housing payment$2,026

Total monthly debt$2,526

Monthly payment breakdown

Principal & interest$1,400

Property tax + insurance$626