Home Affordability Calculator

Plan your purchase with precision. Enter income, debts, down payment, rate, term, and local costs to see a realistic price target. We apply the 28/36 debt-to-income rules and include taxes, insurance, HOA fees, and PMI to estimate a smart budget and a transparent monthly payment breakdown you can trust.

Annual Gross Income ($) Before tax. If multiple borrowers, enter combined.

Monthly Non-Housing Debts ($) Auto, cards, loans, alimony, etc.

Down Payment ($) PMI drops when down ≥ 20%.

Interest Rate (APR %)

Loan Term (years)

Property Tax (%/year) e.g., 1.2 = 1.2% of price / year

Home Insurance (%/year) Typical 0.3–0.6%

HOA ($/month)

PMI (%/year if LTV>80%) Approx. 0.5–1.5%

Front-End DTI (%) 28% default

Back-End DTI (%) 36% default

Tips: For more accuracy, use local property tax and insurance percentages. Try adjusting your down payment or paying off debts to increase affordability.

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Important Note: All the Calculators listed in this site are for educational purpose only and we do not guarentee the accuracy of results. Please do consult with other sources as well.