Affordability Guide

How Much House Can I Afford?

What you can afford depends mostly on your income, existing debt, and down payment — not just the lender's maximum. Use this calculator to find a realistic range, not just the ceiling.

Income & Debts

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Loan & Down Payment

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Ongoing Housing Costs

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Lending Assumptions

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Affordability Estimate

You can afford a home around

$334,000

Based on your current income, debt, and housing cost assumptions.

Comfortable target$334K
Stretch maximumup to $367K

Monthly Housing Budget

$2,330

Comfortable

This appears to be within a comfortable borrowing range.

Estimated Loan Amount

$274,000

Estimated Cash Needed (Down + Closing)

$70,000

Estimates based on your inputs. Actual results may vary. Terms →

Calculation Breakdown

  • Estimated Principal & Interest$1,790
  • Estimated Property Taxes$330
  • Estimated Homeowner's Insurance$100
  • Estimated HOA$0
  • Estimated PMI$110
  • Front-End Ratio Used28.00%
  • Back-End Ratio Used34.00%

Save this scenario

Keep track of multiple affordability setups.

Next steps

Calculate the exact cash needed to close on this homeValidate your decision before committing to buy

Realistic ranges by income

$80k income

  • Conservative: ~$220,000
  • Standard: ~$280,000
  • Aggressive: ~$320,000

Assumes $400/mo debt, 10% down

Most common

$120k income

  • Conservative: ~$330,000
  • Standard: ~$420,000
  • Aggressive: ~$480,000

Assumes $500/mo debt, 20% down

$200k income

  • Conservative: ~$550,000
  • Standard: ~$700,000
  • Aggressive: ~$800,000

Assumes $800/mo debt, 20% down

What this means: Your income supports a range, not a single number. The conservative range keeps housing below 25% of take-home pay. The aggressive range approaches lender maximums — and leaves less room for life.

Estimates based on your inputs. Actual results may vary. Terms →