Lenders typically allow you to borrow 3-5x your annual income — but that's not the same as what you should borrow. This calculator shows the full picture: what lenders will approve and what actually fits your budget.
You can afford a home around
$325,000
Based on your current income, debt, and housing cost assumptions.
Monthly Housing Budget
$2,330
This appears to be within a comfortable borrowing range.
Estimated Loan Amount
$275,000
Estimated Cash Needed (Down + Closing)
$60,000
Estimates based on your inputs. Actual results may vary. Terms →
Keep track of multiple affordability setups.
| Annual Income | Conservative (3x) | Standard (4x) | Aggressive (5x) |
|---|---|---|---|
| $60,000 | $180,000 | $240,000 | $300,000 |
| $80,000 | $240,000 | $320,000 | $400,000 |
| $100,000 | $300,000 | $400,000 | $500,000 |
| $150,000 | $450,000 | $600,000 | $750,000 |
| $200,000 | $600,000 | $800,000 | $1,000,000 |
These are rough estimates. Your actual limit depends on debt, credit score, down payment, and current interest rates.
The 4x rule is a starting point — not a target. Housing above 30% of gross income leaves less room for saving, investing, and unexpected costs.
Estimates based on your inputs. Actual results may vary. Terms →