Home Affordability
Enter your financial details to see your price range.
Maximum affordable home price
$0
Monthly payment: $0
Max price (28% rule)
$0
Max price (36% rule)
$0
Monthly housing payment
$0
Loan amount needed
$0
Worked example
With the default inputs shown below, this calculator returns the following results:
| Input | Value |
|---|---|
| Annual household income ($) | $120,000 |
| Down payment ($) | $60,000 |
| Monthly debt payments ($) | $500 |
| Interest rate (%) | 6.5% |
| Loan term (years) | 30 years |
| Result | Value |
|---|---|
| Maximum affordable home price | $502,990 |
| Max price (28% rule) | $502,990 |
| Max price (36% rule) | $502,990 |
| Monthly housing payment | $2,800 |
| Loan amount needed | $442,990 |
Values shown are produced by this page in your browser; change any input to update them.
How to use the Home Affordability
- Annual household income ($) — default $120,000
- Down payment ($) — default $60,000
- Monthly debt payments ($) — default $500
- Interest rate (%) — default 6.5%
- Loan term (years) — default 30 years
- Press Calculate to update the results instantly.